PRESS RELEASE

Capital subscription to the European Central Bank

12 September 1998
Euro
NCB Key Subscribed capital % to be paid up Total amount due
Germany 24.4096% 1 220 480 000 100.00% 1 220 480 000
France 16.8703% 843 515 000 100.00% 843 515 000
Italy 14.9616% 748 080 000 100.00% 748 080 000
Spain 8.8300% 441 500 000 100.00% 441 500 000
Netherlands 4.2796% 213 980 000 100.00% 213 980 000
Belgium 2.8885% 144 425 000 100.00% 144 425 000
Austria 2.3663% 118 315 000 100.00% 118 315 000
Portugal 1.9250% 96 250 000 100.00% 96 250 000
Finland 1.3991% 69 955 000 100.00% 69 955 000
Ireland 0.8384% 41 920 000 100.00% 41 920 000
Luxembourg 0.1469% 7 345 000 100.00% 7 345 000
Subtotal - euro NCBs 78.9153% 3 945 765 000 3 945 765 000
United Kingdom 14.7109% 735 545 000 5.00% 36 777 250
Sweden 2.6580% 132 900 000 5.00% 6 645 000
Greece 2.0585% 102 925 000 5.00% 5 146 250
Denmark 1.6573% 82 865 000 5.00% 4 143 250
Subtotal - non euro NCBs 21.0847% 1 054 235 000 52 711 750
Total 100.0000% 5 000 000 000 3 998 476 750
NOTE: The General Council of the ECB has agreed that non-Euro area NCBs will pay up 5% of their subscriptions to the capital of the ECB. The return generated on this amount of EUR 52.7 million represents their contribution to those operational costs which have arisen from their participation in some activities of the ECB.

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