Consolidated financial statement of the Eurosystem as at 24 December 2021

PRESS RELEASE

28 December 2021

Consolidated financial statement of the Eurosystem as at 24 December 2021

In the week ending 24 December 2021 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 1.1 billion to EUR 322.2 billion, owing mainly to US dollar liquidity-providingoperations.

As a result of the Eurosystem's open market operations and standing facilities, net lending to credit institutions (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) rose by EUR 72.5 billion to EUR 1,520.9 billion. This was due primarily to the change in the level of the deposit facility (liability item 2.2).

Base money (liability items 1, 2.1 and 2.2) decreased by EUR 56 billion to EUR 5,980.7 billion.

Claims on non-euro area residents denominated in euro (asset item 4) increased by EUR 1.6 billion to EUR 13.3 billion, owing mainly to Eurosystem operations providing euro liquidity to non-euroarea central banks (further details can be found on the ECB's website under"Central bank liquidity lines"). The table below provides the detailed breakdown of securities held for monetary policy purposes (asset item 7.1) into the different portfolios. All portfolios are accounted for at amortised cost.

Monetary policy securities	Reported value as at	Weekly change -	Weekly change -
portfolios	24 December 2021	purchases	redemptions
Covered bond purchase	EUR 0.4 billion	-	-
programme 1
Securities Markets Programme	EUR 6.5 billion	-	-
Covered bond purchase	EUR 2.4 billion	-	-
programme 2
Covered bond purchase	EUR 298.5 billion	+EUR 0.1 billion	-
programme 3
Asset-backed securities purchase	EUR 28.7 billion	-	-EUR 0.3 billion
programme
Public sector purchase	EUR 2,492.1 billion	+EUR 2.7 billion	-
programme
Corporate sector purchase	EUR 310.1 billion	+EUR 0.4 billion	-EUR 0.2 billion
programme
Pandemic emergency purchase	EUR 1,585.1 billion	+EUR 7.6 billion	-EUR 0.2 billion
programme

PRESS RELEASE / 28 December 2021

Consolidated financial statement of the Eurosystem as at 24 December 2021

The content and format of the weekly financial statement are set out in Annexes IV to VI of Guideline (EU) 2016/2249 of the European Central Bank of 3 November 2016 on the legal framework for accounting and financial reporting in the European System of Central Banks (ECB/2016/34).

European Central Bank Directorate General Communications, Global Media Relations Division Sonnemannstrasse 20, 60314 Frankfurt am Main, Germany

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Weekly consolidated financial statement of the Eurosystem as at 24 December 2021

(in EUR millions)

Assets	Balance as at	Difference compared
			24 December 2021	with last week due to
				transactions
1	Gold and gold receivables	517 933	0
2	Claims on non-euro area residents denominated in foreign currency	491 319	737
	2.1	Receivables from the IMF	215 607	335
	2.2	Balances with banks and security investments, external loans and other external assets	275 712	402
3	Claims on euro area residents denominated in foreign currency	24 743	353
4	Claims on non-euro area residents denominated in euro	13 277	1 630
	4.1	Balances with banks, security investments and loans	13 277	1 630
	4.2	Claims arising from the credit facility under ERM II	0	0
5	Lending to euro area credit institutions related to monetary policy operations denominated in euro	2 201 721	-8 087
	5.1	Main refinancing operations	225	128
	5.2	Longer-term refinancing operations	2 201 496	-8 215
	5.3	Fine-tuning reverse operations	0	0
	5.4	Structural reverse operations	0	0
	5.5	Marginal lending facility	0	0
	5.6	Credits related to margin calls	0	0
6	Other claims on euro area credit institutions denominated in euro	28 386	-3 652
7	Securities of euro area residents denominated in euro	4 896 572	10 692
	7.1	Securities held for monetary policy purposes	4 723 797	10 078
	7.2	Other securities	172 775	614
8	General government debt denominated in euro	22 152	0
9	Other assets	316 205	-827
Total assets	8 512 308	847
Totals / sub-totals may not add up, due to rounding.

Liabilities	Balance as at	Difference compared
			24 December 2021	with last week due to
				transactions
1	Banknotes in circulation	1 542 982	8 726
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in euro	4 439 888	-64 774
	2.1	Current accounts (covering the minimum reserve system)	3 759 026	15 854
	2.2	Deposit facility	678 711	-80 626
	2.3	Fixed-term deposits	0	0
	2.4	Fine-tuning reverse operations	0	0
	2.5	Deposits related to margin calls	2 151	-2
3	Other liabilities to euro area credit institutions denominated in euro	53 555	2 136
4	Debt certificates issued	0	0
5	Liabilities to other euro area residents denominated in euro	751 517	-8 503
	5.1	General government	593 478	-23 314
	5.2	Other liabilities	158 040	14 811
6	Liabilities to non-euro area residents denominated in euro	592 951	61 252
7	Liabilities to euro area residents denominated in foreign currency	14 177	355
8	Liabilities to non-euro area residents denominated in foreign currency	3 516	-325
	8.1	Deposits, balances and other liabilities	3 516	-325
	8.2	Liabilities arising from the credit facility under ERM II	0	0
9	Counterpart of special drawing rights allocated by the IMF	176 130	0
10 Other liabilities	322 340	1 981
11 Revaluation accounts	505 979	0
12 Capital and reserves	109 273	0
Total liabilities	8 512 308	847

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