DATA - Reserve base 1 2 3

Reserve base ¹ ² ³
End of period	2022	2023	2024	Aug. 24	Sep. 24	Oct. 24	Nov. 24	Dec. 24	Jan. 25

	EUR million

Total	669,256	689,317	708,916	707,489	x	720,391	x	716,163	729,635



Liabilities to which a 1% reserve ratio is applied
Overnight deposits with an agreed maturity/notice period of up to 2 years	474,580	467,775	471,134	471,590	x	477,648	x	475,365	480,668
Debt securities with an agreed maturity of up to 2 years	9,064	9,775	8,825	8,867	x	10,559	x	10,600	9,555



Liabilities to which a 0% reserve ratio is applied
Deposits with an agreed maturity/ notice period of over 2 years	42,434	42,242	44,855	44,956	x	45,329	x	45,580	45,242
Repurchase agreements	2,143	3,390	7,172	6,038	x	8,594	x	5,022	10,725
Debt securities with an agreed maturity of over 2 years	141,035	166,136	176,929	176,038	x	178,261	x	179,596	183,445

Source: OeNB.

¹ Liabilities vis-à-vis other credit institutions subject to the ESCB's minimum reserve system, vis-à-vis the ECB and the participating national central banks are excluded from the reserve base. If a credit institution cannot provide evidence of the amount of its issues of debt securities with a maturity of up to two years and of money market instruments held by the institutions mentioned above, it may deduct a specific percentage of these liabilities from its reserve base. Up to and including November 1999 this percentage for the calculation of the reserve base came to 10%, thereafter to 30%.
² The reserve base of credit institutions as at January 1, 1999, is used to calculate the minimum reserves for the maintenance period starting on January 1, 1999, and ending on February 23, 1999. The relevant aggregated data were reported to the ECB by the end of February 1999.
³ In July 2014, the Governing Council decided that meetings dedicated to monetary policy will be held every six weeks instead of once in a month, starting in January 2015. As a consequence, the maintenance periods will be extended to about six weeks as well, meaning that minimum reserve requirements must be fulfilled eight times a year as of 2015.