PRESS RELEASE
11 January 2022
Consolidated financial statement of the Eurosystem as at 7 January 2022
In the week ending 7 January 2022 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 2.4 billion to EUR 326.6 billion, owing to customer and portfolio transactions and the maturity of US dollar liquidity-providingoperations.
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 134.4 billion to EUR 1,554.5 billion. This was due primarily to the change in the level of the deposit facility (liability item 2.2).
Claims on non-euro area residents denominated in euro (asset item 4) decreased by EUR 3 billion to EUR 10 billion, mainly owing to maturing Eurosystem operations providing euro liquidity to non-euroarea central banks (further details can be found on the ECB's website under "Central bank liquidity lines").
Base money (liability items 1, 2.1 and 2.2) increased by EUR 244 billion to EUR 6,080.1 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 | Reported value as at | Weekly change - | Weekly change - |
securities portfolios | 7 January 2022 | purchases | redemptions |
Covered bond purchase | EUR 0.4 billion | - | - |
programme 1 | |||
Securities Markets | EUR 6.5 billion | - | - |
Programme | |||
Covered bond purchase | EUR 2.4 billion | - | - |
programme 2 | |||
Covered bond purchase | EUR 298.7 billion | +EUR 0.5 billion | - |
programme 3 | |||
Asset-backed securities | EUR 28.6 billion | +EUR 0.2 billion | -EUR 0.1 billion |
purchase programme | |||
Public sector purchase | EUR 2,486.8 billion | +EUR 6.4 billion | -EUR 6.7 billion |
programme | |||
Corporate sector purchase | EUR 310.2 billion | +EUR 0.6 billion | - |
programme | |||
Pandemic emergency | EUR 1,589.4 billion | +EUR 10.7 billion | -EUR 1.9 billion |
purchase programme | |||
PRESS RELEASE / Consolidated financial statement of the Eurosystem as at 7 January 2022
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).
European Central Bank Directorate General Communications, Global Media Relations Division Sonnemannstrasse 20, 60314 Frankfurt am Main, Germany
Tel.: +49 69 1344 7455, Email: media@ecb.europa.eu, Website: www.ecb.europa.eu
Reproduction is permitted provided that the source is acknowledged.
Weekly consolidated financial statement of the Eurosystem as at 7 January 2022
(in EUR millions)
Assets | Balance as at | Difference compared |
7 January 2022 | with last week due to | |
transactions | ||
1 | Gold and gold receivables | 559,373 | 0 | |
2 | Claims on non-euro area residents denominated in foreign currency | 497,159 | -2,931 | |
2.1 | Receivables from the IMF | 218,903 | 2 | |
2.2 | Balances with banks and security investments, external loans and other external assets | 278,255 | -2,933 | |
3 | Claims on euro area residents denominated in foreign currency | 26,095 | 1,540 | |
4 | Claims on non-euro area residents denominated in euro | 9,966 | -3,016 | |
4.1 | Balances with banks, security investments and loans | 9,966 | -3,016 | |
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 | 2,201,926 | 44 | |
5.1 | Main refinancing operations | 430 | 44 | |
5.2 | Longer-term refinancing operations | 2,201,496 | 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 | 30,744 | 4,191 | |
7 | Securities of euro area residents denominated in euro | 4,896,077 | 9,593 | |
7.1 | Securities held for monetary policy purposes | 4,723,123 | 9,646 | |
7.2 | Other securities | 172,954 | -53 | |
8 | General government debt denominated in euro | 22,168 | 0 | |
9 | Other assets | 329,772 | -2,515 |
Total assets | 8,573,280 | 6,907 |
Totals / sub-totals may not add up, due to rounding.
Liabilities | Balance as at | Difference compared |
7 January 2022 | with last week due to | |
transactions | ||
1 | Banknotes in circulation | 1,541,599 | -2,787 | |
2 | Liabilities to euro area credit institutions related to monetary policy operations denominated in | |||
euro | 4,541,490 | 247,552 | ||
2.1 | Current accounts (covering the minimum reserve system) | 3,894,046 | 381,893 | |
2.2 | Deposit facility | 644,497 | -135,100 | |
2.3 | Fixed-term deposits | 0 | 0 | |
2.4 | Fine-tuning reverse operations | 0 | 0 | |
2.5 | Deposits related to margin calls | 2,947 | 759 | |
3 | Other liabilities to euro area credit institutions denominated in euro | 49,385 | -27,289 | |
4 | Debt certificates issued | 0 | 0 | |
5 | Liabilities to other euro area residents denominated in euro | 668,318 | -88,747 | |
5.1 | General government | 510,115 | -80,271 | |
5.2 | Other liabilities | 158,204 | -8,476 | |
6 | Liabilities to non-euro area residents denominated in euro | 586,765 | -123,192 | |
7 | Liabilities to euro area residents denominated in foreign currency | 14,385 | 278 | |
8 | Liabilities to non-euro area residents denominated in foreign currency | 3,451 | 722 | |
8.1 | Deposits, balances and other liabilities | 3,451 | 722 | |
8.2 | Liabilities arising from the credit facility under ERM II | 0 | 0 | |
9 | Counterpart of special drawing rights allocated by the IMF | 178,834 | 0 | |
10 Other liabilities | 324,646 | 50 | ||
11 Revaluation accounts | 554,779 | -35 | ||
12 Capital and reserves | 109,628 | 355 |
Total liabilities | 8,573,280 | 6,907 |
Global Media Relations, Sonnemannstrasse 20, D-60314 Frankfurt am Main, Tel.: +49 69-1344-74 55, E-mail: media@ecb.europa.eu
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Banco de España published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 17:07:07 UTC.