Consolidated financial statement of the Eurosystem as at 25 September 2020

PRESS RELEASE

29 September 2020

Consolidated financial statement of the Eurosystem as at 25 September 2020

In the week ending 25 September 2020 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.6 billion to EUR 315.2 billion.

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) decreased by EUR 4.9 billion to EUR 1,263.1 billion.

Base money (liability items 1, 2.1 and 2.2) fell by EUR 4.4 billion to EUR 4,442.1 billion.

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	25 September 2020	purchases	redemptions
Covered bond purchase	EUR 0.5 billion	-	-
programme 1
Securities Markets Programme	EUR 32.6 billion	-	-
Covered bond purchase	EUR 2.8 billion	-	-
programme 2
Covered bond purchase	EUR 287.7 billion	+EUR 2.0 billion	-EUR 0.2 billion
programme 3
Asset-backed securities purchase	EUR 29.3 billion	+EUR 0.2 billion	-EUR 0.4 billion
programme
Public sector purchase programme	EUR 2,294.5 billion	+EUR 9.1 billion	-EUR 0.5 billion
Corporate sector purchase	EUR 235.8 billion	+EUR 2.7 billion	-EUR 0.1 billion
programme
Pandemic emergency purchase	EUR 559.5 billion	+EUR 17.2 billion	-EUR 0.4 billion
programme

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).

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Weekly consolidated financial statement of the Eurosystem as at 25 September 2020

(in EUR millions)

Assets	Balance as at	Difference compared
			25 September 2020	with last week due to
				transactions
1	Gold and gold receivables	548.772	4
2	Claims on non-euro area residents denominated in foreign currency	360.497	130
	2.1	Receivables from the IMF	86.582	778
	2.2	Balances with banks and security investments, external loans and other external assets	273.914	-648
3	Claims on euro area residents denominated in foreign currency	24.610	549
4	Claims on non-euro area residents denominated in euro	12.542	859
	4.1	Balances with banks, security investments and loans	12.542	859
	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	1.596.905	181
	5.1	Main refinancing operations	1.860	181
	5.2	Longer-term refinancing operations	1.595.045	0
	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	36.688	-831
7	Securities of euro area residents denominated in euro	3.643.253	29.458
	7.1	Securities held for monetary policy purposes	3.442.496	29.516
	7.2	Other securities	200.757	-58
8	General government debt denominated in euro	22.804	0
9	Other assets	288.744	2.043
Total assets	6.534.815	32.393
Totals / sub-totals may not add up, due to rounding.

Liabilities	Balance as at	Difference compared
			25 September 2020	with last week due to
				transactions
1	Banknotes in circulation	1.386.068	418
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in euro	3.056.067	-4.842
	2.1	Current accounts (covering the minimum reserve system)	2.722.244	-9.890
	2.2	Deposit facility	333.823	5.049
	2.3	Fixed-term deposits	0	0
	2.4	Fine-tuning reverse operations	0	0
	2.5	Deposits related to margin calls	0	0
3	Other liabilities to euro area credit institutions denominated in euro	7.448	-1
4	Debt certificates issued	0	0
5	Liabilities to other euro area residents denominated in euro	862.384	26.270
	5.1	General government	810.089	25.721
	5.2	Other liabilities	52.296	549
6	Liabilities to non-euro area residents denominated in euro	216.181	10.164
7	Liabilities to euro area residents denominated in foreign currency	5.916	116
8	Liabilities to non-euro area residents denominated in foreign currency	6.860	-50
	8.1	Deposits, balances and other liabilities	6.860	-50
	8.2	Liabilities arising from the credit facility under ERM II	0	0
9	Counterpart of special drawing rights allocated by the IMF	57.110	0
10 Other liabilities	284.917	317
11 Revaluation accounts	542.941	0
12 Capital and reserves	108.922	0
Total liabilities	6.534.815	32.393

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