02/07/2021 - Alert to the usurpation of the BCL's identity
Misuse by a fictitious entity called National Bank of Luxembourg, of the name and logo of the BCL on a fraudulent website (www.cnb.lu) and in emails sent to various recipients.
The Banque centrale du Luxembourg wants to recall that it has taken the necessary measures to ensure business continuity in the areas of monetary policy operations, collateral management, payment systems, liquidity supervision, and the distribution of banknotes and coins.
The steps taken by the BCL also aim at safeguarding the well-being of its staff. The Bank has postponed the hosting of events, limited physical access to its premises, strengthened internal sanitary measures and asked critical operational staff to access the Bank’s systems remotely. The Executive Board and several staff teams have been split, notably through the use of remote access.
For any further question, please refer to your usual contacts at the BCL.
For your information, operational measures taken by the ECB can be found here.
Further information for counterparties can be found here.
06/08/2021 - Gaston Reinesch, Governor
9/ The new monetary policy strategy of the Eurosystem
Summary
Based on a thorough monetary policy strategy review launched in January 2020, on July 7, 2021 the ECB’s Governing Council decided on a new monetary policy strategy, announced on July 8, 2021. This blog article reviews the motivation for the monetary policy strategy review by the Eurosystem and one of its key outcomes, the medium-term inflation target. Other elements of the new strategy will be the subject of forthcoming articles.
05/08/2021 - Gaston Reinesch, Governor
8/ Interest rate benchmark reform
Summary
This article analyses the importance of money market reference rates. It raises awareness of the reform outcomes and the need for adaption by market practitioners in the very near future.
The Banque centrale du Luxembourg (BCL) is the monetary authority of Luxembourg and a member of the Eurosystem and the European System of Central Banks.
| Marginal lending facility | 0.25% |
| Main refinancing operations | 0.00% |
| Deposit facility | -0.50% |
The BCL offers presentations to allow the public to learn more about the bank, its activities, the history of its buildings and the Luxembourg currency until the introduction of the euro.
The BCL is in charge of the secretariat of the Systemic Risk Committee.
02/07/2021 - Alert to the usurpation of the BCL's identity
Misuse by a fictitious entity called National Bank of Luxembourg, of the name and logo of the BCL on a fraudulent website (www.cnb.lu) and in emails sent to various recipients.
06/08/2021 - Gaston Reinesch, Governor
9/ The new monetary policy strategy of the Eurosystem
Summary
Based on a thorough monetary policy strategy review launched in January 2020, on July 7, 2021 the ECB’s Governing Council decided on a new monetary policy strategy, announced on July 8, 2021. This blog article reviews the motivation for the monetary policy strategy review by the Eurosystem and one of its key outcomes, the medium-term inflation target. Other elements of the new strategy will be the subject of forthcoming articles.
05/08/2021 - Gaston Reinesch, Governor
8/ Interest rate benchmark reform
Summary
This article analyses the importance of money market reference rates. It raises awareness of the reform outcomes and the need for adaption by market practitioners in the very near future.
02/07/2021 - Alert to the usurpation of the BCL's identity
Misuse by a fictitious entity called National Bank of Luxembourg, of the name and logo of the BCL on a fraudulent website (www.cnb.lu) and in emails sent to various recipients.
06/08/2021 - Gaston Reinesch, Governor
9/ The new monetary policy strategy of the Eurosystem
Summary
Based on a thorough monetary policy strategy review launched in January 2020, on July 7, 2021 the ECB’s Governing Council decided on a new monetary policy strategy, announced on July 8, 2021. This blog article reviews the motivation for the monetary policy strategy review by the Eurosystem and one of its key outcomes, the medium-term inflation target. Other elements of the new strategy will be the subject of forthcoming articles.
05/08/2021 - Gaston Reinesch, Governor
8/ Interest rate benchmark reform
Summary
This article analyses the importance of money market reference rates. It raises awareness of the reform outcomes and the need for adaption by market practitioners in the very near future.
