TARGET closing days and reserve maintenance periods

The ECB has defined holidays as TARGET closing days and has determined on which Austrian bank holidays TARGET2 operates. Transactions are handled by the OeNB’s Treasury Department and Payment Systems Division.

TARGET closing days in 2024

In the TARGET holiday calendar, the ECB has defined certain holidays as TARGET closing days. The TARGET closing days are the public holidays marked with * in the following table:

ECB public holidays (europa.eu)

Bank holidays

Austrian banks are closed on Saturdays and Sundays and on the following public holidays:

Bank holidays

Reserve maintenance periods

You may access all relevant information and documents on the minimum reserve and reserve maintenance periods (German only) among the OeNB’s information products and services here.