Consolidated financial statement of the Eurosystem as at 26 December 2025

Consolidated financial statement of the Eurosystem

26 December 2025

Assets (EUR millions)			Balance	Difference compared with last week due to transactions
Totals/sub-totals may not add up, due to rounding
1	Gold and gold receivables		1,128,573	0
2	Claims on non-euro area residents denominated in foreign currency		501,576	−531
	2.1	Receivables from the IMF	224,480	−321
	2.2	Balances with banks and security investments, external loans and other external assets	277,097	−210
3	Claims on euro area residents denominated in foreign currency		17,597	49
4	Claims on non-euro area residents denominated in euro		33,914	3,936
	4.1	Balances with banks, security investments and loans	33,914	3,936
	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		36,707	11,385
	5.1	Main refinancing operations	24,958	10,800
	5.2	Longer-term refinancing operations	11,749	587
	5.3	Fine-tuning reverse operations	0	0
	5.4	Structural reverse operations	0	0
	5.5	Marginal lending facility	0	−1
	5.6	Credits related to margin calls	0	0
6	Other claims on euro area credit institutions denominated in euro		32,583	8,570
7	Securities of euro area residents denominated in euro		4,070,186	−143
	7.1	Securities held for monetary policy purposes	3,751,532	−95
	7.2	Other securities	318,653	−47
8	General government debt denominated in euro		20,169	0
9	Other assets		322,447	5,681
Total assets			6,163,751	28,947

Liabilities (EUR millions)			Balance	Difference compared with last week due to transactions
Totals/sub-totals may not add up, due to rounding
1	Banknotes in circulation		1,620,247	8,145
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in euro		2,623,037	−7,333
	2.1	Current accounts (covering the minimum reserve system)	253,667	54,496
	2.2	Deposit facility	2,369,370	−61,829
	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		11,977	−686
4	Debt certificates issued		0	0
5	Liabilities to other euro area residents denominated in euro		198,347	9,690
	5.1	General government	91,077	8,103
	5.2	Other liabilities	107,270	1,587
6	Liabilities to non-euro area residents denominated in euro		174,965	12,882
7	Liabilities to euro area residents denominated in foreign currency		16,746	−74
8	Liabilities to non-euro area residents denominated in foreign currency		2,871	190
	8.1	Deposits, balances and other liabilities	2,871	190
	8.2	Liabilities arising from the credit facility under ERM II	0	0
9	Counterpart of special drawing rights allocated by the IMF		170,145	0
10	Other liabilities		208,510	6,134
11	Revaluation accounts		1,099,971	0
12	Capital and reserves		36,934	0
Total liabilities			6,163,751	28,947