Consolidated financial statement of the Eurosystem as at 15 June 2018: commentary
19 June 2018
In the week ending 15 June 2018 gold and gold receivables (asset item 1) increased by EUR 1 million owing to the net purchase of gold coin by one Eurosystem central bank.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.1 billion to EUR 251.5 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) increased by EUR 26.1 billion to EUR 115.4 billion.
Base money (liability items 1, 2.1 and 2.2) decreased by EUR 64.3 billion to EUR 3,160.8 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 portfolios |
Reported value as at 15 June 2018 |
Weekly change – purchases |
Weekly change – redemptions |
Covered bond purchase programme 1 |
EUR 4.5 billion |
- |
-EUR 0.1 billion |
Covered bond purchase programme 2 |
EUR 4.1 billion |
- |
-EUR 0.2 billion |
Covered bond purchase programme 3 |
EUR 254.4 billion |
+EUR 1.2 billion |
-EUR 1.5 billion |
Asset-backed securities purchase programme |
EUR 27.6 billion |
+EUR 0.2 billion |
-EUR 0.1 billion |
Corporate sector purchase programme |
EUR 159.3 billion |
+EUR 1.3 billion |
-EUR 0.1 billion |
Public sector purchase programme |
EUR 2,002.5 billion |
+EUR 9.4 billion |
-EUR 6.2 billion |
Securities Markets Programme |
EUR 82.7 billion |
- |
-EUR 1.9 billion |
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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