Consolidated financial statement of the Eurosystem as at 28 August 2009
Items not related to monetary policy operations
In the week ending 28 August 2009 the increase of EUR 2 million in gold and gold receivables (asset item 1) reflected the net purchases of gold coin by a Eurosystem central bank.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.5 billion to EUR 194.6 billion on account of customer and portfolio transactions.
Extraordinary transactions
Value date | Type of transaction | Maturing amount | New amount |
---|---|---|---|
25 August 2009 | 3-month Danish krone foreign exchange swap | DKK 8.4 billion | DKK 3.3 billion |
25 August 2009 | 74-day Danish krone foreign exchange swap | DKK 7.1 billion | - |
26 August 2009 | 7-day Swiss franc liquidity-providing EUR/CHF foreign exchange swap | CHF 18.4 billion | CHF 15.5 billion |
27 August 2009 | 7-day US dollar liquidity-providing reverse transaction | USD 38.4 billion | USD 42.1 billion |
27 August 2009 | 28-day US dollar liquidity-providing reverse transaction | USD 0.1 billion | - |
The liquidity-providing transactions were conducted by the Eurosystem in connection with the temporary reciprocal currency arrangements (swap lines) that the European Central Bank has with Danmarks Nationalbank, the Swiss National Bank and the Federal Reserve System. The EUR/CHF foreign exchange swap had no effect on the net position of the Eurosystem in foreign currency.
The holdings by the Eurosystem of securities other than those held for monetary policy purposes (asset item 7.2) decreased by EUR 0.3 billion to EUR 304.3 billion. Banknotes in circulation (liability item 1) decreased by EUR 1.2 billion to EUR 767.2 billion. Liabilities to general government (liability item 5.1) increased by EUR 20.1 billion to EUR 134.6 billion.
The increase in the counterpart of special drawing rights (SDRs) allocated by the IMF (liability item 9) of EUR 40.9 billion reflects the allocation of SDRs by the IMF to the Eurosystem central banks. This allocation is part of the general SDR allocation, equivalent to USD 250 billion, to all IMF member countries which was approved by the IMF’s Board of Governors on 7 August 2009 and came into effect on 28 August 2009. The allocation is designed to provide liquidity to the global economic system by supplementing the foreign exchange reserves of the IMF member countries. The general SDR allocation was made to the IMF members participating in the SDR Department in proportion to their existing quotas.
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 0.1 billion to EUR 569.5 billion. On Wednesday, 26 August 2009, a main refinancing operation of EUR 76.1 billion matured and a new one of EUR 77.5 billion was settled. On Thursday, 27 August 2009, a longer-term refinancing operation of EUR 27.5 billion matured and a new one of EUR 8.3 billion was settled.
Recourse to the marginal lending facility (asset item 5.5) was EUR 0.1 billion (approximately the same as in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 142.6 billion (compared with EUR 160.2 billion in the preceding week).
The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 0.9 billion to EUR 8.8 billion in the week ending 28 August 2009.
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) decreased by EUR 18.2 billion to EUR 202.9 billion.
Europska središnja banka
glavna uprava Odnosi s javnošću
- Sonnemannstrasse 20
- 60314 Frankfurt na Majni, Njemačka
- +49 69 1344 7455
- media@ecb.europa.eu
Reprodukcija se dopušta uz navođenje izvora.
Kontaktni podatci za medije