Careers
job openings
ECB listens: Have a say in the ECB’s strategy review
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Conferences

BCL/TSE Conference
"The future of the international monetary system" 

Banknotes and coins
billets et pieces 336 x 129
The new euro banknotes
all es2
CASH MANAGEMENT AT THE BCL
Catalogue of numismatic products
catalogue
The BCL Governor

Gaston Reinesch, Governor of the BCL since 1st January 2013.

GR homepage

Publication Gaston Reinesch

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Operational measures linked to COVID-19

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.

The Governor's Blog

image home page governir blog

06/04/2021 - Gaston Reinesch, Governor

An overview of the main Eurosystem's monetary policy instruments in place

Summary
This is the first of three articles describing the instruments through which the Eurosystem implements monetary policy decisions. This post recapitulates the conventional monetary policy tools, which were the main instruments used by the Eurosystem before the global financial crisis of 2007-2008.

 

About the BCL and the Eurosystem

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.

Key ECB interest rates
Marginal lending facility 0.25%
Main refinancing operations 0.00%
Deposit facility -0.50%

Visiting the BCL

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.

Sale of numismatic products
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Systemic Risk Committee

The BCL is in charge of the secretariat of the Systemic Risk Committee.

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Careers
job openings
Conferences

BCL/TSE Conference
"The future of the international monetary system" 

The BCL Governor

Gaston Reinesch, Governor of the BCL since 1st January 2013.

GR homepage

The Governor's Blog

image home page governir blog

06/04/2021 - Gaston Reinesch, Governor

An overview of the main Eurosystem's monetary policy instruments in place

Summary
This is the first of three articles describing the instruments through which the Eurosystem implements monetary policy decisions. This post recapitulates the conventional monetary policy tools, which were the main instruments used by the Eurosystem before the global financial crisis of 2007-2008.

 

ECB listens: Have a say in the ECB’s strategy review
banner small strategy review
Publication Gaston Reinesch

box gr 2020_2

Careers
job openings
The Governor's Blog

image home page governir blog

06/04/2021 - Gaston Reinesch, Governor

An overview of the main Eurosystem's monetary policy instruments in place

Summary
This is the first of three articles describing the instruments through which the Eurosystem implements monetary policy decisions. This post recapitulates the conventional monetary policy tools, which were the main instruments used by the Eurosystem before the global financial crisis of 2007-2008.

 

ECB listens: Have a say in the ECB’s strategy review
banner small strategy review
Conferences

BCL/TSE Conference
"The future of the international monetary system" 

The BCL Governor

Gaston Reinesch, Governor of the BCL since 1st January 2013.

GR homepage

Publication Gaston Reinesch

box gr 2020_2