Consolidated financial statement of the Eurosystem as at 5 June 2015

Items not related to monetary policy operations

In the week ending 5 June 2015 gold and gold receivables (asset item 1) remained unchanged.

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.3 billion to EUR 271.7 billion, on account of customer and portfolio transactions.

During the week, the Eurosystem did not conduct any liquidity-providing transactions in connection with the standing swap arrangement that the European Central Bank has with the Federal Reserve System.

The holdings by the Eurosystem of marketable securities other than those held for monetary policy purposes (asset item 7.2) increased by EUR 0.5 billion to EUR 373.9 billion. Banknotes in circulation (liability item 1) rose by EUR 3 billion to EUR 1,035 billion. Liabilities to general government (liability item 5.1) increased by EUR 0.1 billion to EUR 82.9 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) decreased by EUR 10.7 billion to EUR 385.9 billion. On Wednesday, 3 June 2015, a main refinancing operation (asset item 5.1) of EUR 100.1 billion matured and a new one of EUR 92.5 billion, with a maturity of seven days, was settled.

Recourse to the marginal lending facility (asset item 5.5) was EUR 0.1 billion (approximately the same as in the preceding week), while recourse to the deposit facility (liability item 2.2) was EUR 102.1 billion (compared with EUR 98.9 billion in the previous week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 15.4 billion to EUR 428.9 billion. The table below provides the detailed breakdown of asset item 7.1 into the different portfolios. All portfolios are accounted for at amortised cost.

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) increased by EUR 6.6 billion to EUR 322.8 billion.