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Banco de España updates the general rules for its monetary policy operations

23 Mar 2026 7 views
Who is affected:
Credit and financial institutions operating with Banco de España

Summary

Banco de España amends the clauses governing how it conducts its monetary policy operations. These changes mainly affect financial institutions that operate with the central bank.

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The Executive Commission of Banco de España has approved an amendment to the general clauses governing its monetary policy operations, updating the regulatory framework in place since 1998. These clauses establish the conditions under which credit institutions may access central bank liquidity and participate in auctio…

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Full official title

Resolución de 16 de marzo de 2026, de la Comisión Ejecutiva del Banco de España, por la que se modifica la de 11 de diciembre de 1998, por la que se aprueban las cláusulas generales aplicables a las operaciones de política monetaria del Banco de España.

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