Consolidated financial statement of the Eurosystem as at 20 September 2019

Europe

In the week ending 20 September 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to transactions in gold by two Eurosystem central banks.

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.2 billion to EUR 287.8 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 92.2 billion to EUR 229.9 billion.

Base money (liability items 1, 2.1 and 2.2) decreased by EUR 36.7 billion to EUR 3,108.7 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 20 September 2019 Weekly change –   purchases Weekly change –   redemptions
Covered bond   purchase programme 1 EUR 2.8 billion
Covered bond   purchase programme 2 EUR 3.2 billion -EUR 0.2 billion
Covered bond   purchase programme 3 EUR 261.0 billion +EUR 0.7 billion -EUR 2.2 billion
Asset-backed   securities purchase programme EUR 25.7 billion +EUR 0.1 billion -EUR 0.2 billion
Corporate sector   purchase programme EUR 177.0 billion +EUR 0.2 billion -EUR 0.1 billion
Public sector   purchase programme EUR 2,088.1 billion +EUR 2.6 billion -EUR 2.0 billion
Securities Markets   Programme EUR 52.0 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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