Division (b) Definition of the ‘reporting period’

The reporting period denotes the date range to which the data refer. There are two reporting periods in the TLTRO-II, i.e. the ‘first reference period’, 1 February 2015 to 31 January 2016, and the ‘second reference period’, 1 February 2016 to 31 January 2018. Indicators relating to outstanding amounts must be reported as at the end of the month preceding the start of the reporting period and at the end of the reporting period; therefore, for the first reference period outstanding amounts must be reported as at 31 January 2015 and31 January 2016, and for the second reference period outstanding amounts must be reported as at 31 January 2016 and 31 January 2018. In turn, data on transactions and adjustments must cover all relevant effects that take place during the reporting period.