Central Banking

Eurosystem to consider Target2 and T2S merger

Yves Mersch
Yves Mersch

Eurozone central banks could unite key infrastructure underpinning the settlement of payments and securities transactions in Europe, the European Central Bank's (ECB) Yves Mersch revealed today (October 14).

The Eurosystem currently owns and operates both Target2, a real-time gross settlement system for euro-denominated payments, and Target2-Securities (T2S), a single platform for securities settlement. Both settle in central bank money.

"Over the coming years, we will seek to draw on the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: