Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Suggestions
Sort by

Consolidated financial statement of the Eurosystem as at 28 July 2006

1 August 2006

Items not related to monetary policy operations

In the week ending 28 July 2006, the decrease of EUR 16 million in gold and gold receivables (asset item 1) reflected the selling of gold by one Eurosystem central bank (consistent with the Central Bank Gold Agreement of 27 September 2004).

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.5 billion to EUR 152 billion on account of customer and portfolio transactions.

The holdings by the Eurosystem of marketable securities of euro area residents denominated in euro (asset item 7) decreased by EUR 1.6 billion to EUR 87.1 billion. Banknotes in circulation (liability item 1) increased by EUR 2.2 billion to EUR 588.4 billion. Liabilities to general government (liability item 5.1) rose by EUR 7.2 billion to EUR 86.8 billion.

Items related to monetary policy operations

The Eurosystem’s net lending to credit institutions (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) increased by EUR 2.8 billion to EUR 458 billion. On Tuesday, 25 July 2006, a main refinancing operation of EUR 335 billion matured and a new one of EUR 338 billion was settled. On Thursday, 27 July 2006, a longer-term refinancing operation of EUR 40 billion matured and a new one of EUR 40 billion was settled.

Recourse to both the marginal lending facility (asset item 5.5) and the deposit facility (liability item 2.2) was virtually nil (compared with EUR 0.3 billion and EUR 0.1 billion respectively in the previous week).

Current accounts of euro area credit institutions

As a result of all transactions, the current account position of credit institutions with the Eurosystem (liability item 2.1) decreased by EUR 6 billion to EUR 162.2 billion.

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 175,135 −16
2 Claims on non-euro area residents denominated in foreign currency 142,730 −1,043
2.1 Receivables from the IMF 12,668 −168
2.2 Balances with banks and security investments, external loans and other external assets 130,062 −875
3 Claims on euro area residents denominated in foreign currency 24,716 −120
4 Claims on non-euro area residents denominated in euro 13,186 279
4.1 Balances with banks, security investments and loans 13,186 279
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 458,045 2,780
5.1 Main refinancing operations 338,001 3,000
5.2 Longer-term refinancing operations 120,002 2
5.3 Fine-tuning reverse operations 0 0
5.4 Structural reverse operations 0 0
5.5 Marginal lending facility 41 −221
5.6 Credits related to margin calls 1 −1
6 Other claims on euro area credit institutions denominated in euro 6,085 −309
7 Securities of euro area residents denominated in euro 87,113 −1,555
8 General government debt denominated in euro 40,050 1
9 Other assets 181,225 3,114
Total assets 1,128,285 3,131
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 588,442 2,234
2 Liabilities to euro area credit institutions related to monetary policy operations denominated in euro 162,259 −6,076
2.1 Current accounts (covering the minimum reserve system) 162,247 −6,026
2.2 Deposit facility 12 −47
2.3 Fixed-term deposits 0 0
2.4 Fine-tuning reverse operations 0 0
2.5 Deposits related to margin calls 0 −3
3 Other liabilities to euro area credit institutions denominated in euro 90 0
4 Debt certificates issued 0 0
5 Liabilities to other euro area residents denominated in euro 94,787 7,256
5.1 General government 86,830 7,216
5.2 Other liabilities 7,957 40
6 Liabilities to non-euro area residents denominated in euro 15,420 77
7 Liabilities to euro area residents denominated in foreign currency 118 0
8 Liabilities to non-euro area residents denominated in foreign currency 9,615 −672
8.1 Deposits, balances and other liabilities 9,615 −672
8.2 Liabilities arising from the credit facility under ERM II 0 0
9 Counterpart of special drawing rights allocated by the IMF 5,692 0
10 Other liabilities 66,970 311
11 Revaluation accounts 121,984 0
12 Capital and reserves 62,908 1
Total liabilities 1,128,285 3,131
CONTACT

European Central Bank

Directorate General Communications

Reproduction is permitted provided that the source is acknowledged.

Media contacts