Consolidated financial statement of the Eurosystem as at 12 February 2010
Items not related to monetary policy operations
In the week ending 12 February 2010 gold and gold receivables (asset item 1) remained unchanged.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) remained virtually unchanged at EUR 158.9 billion on account of customer and portfolio transactions.
The holdings by the Eurosystem of securities other than those held for monetary policy purposes (asset item 7.2) increased by EUR 0.1 billion to EUR 297.9 billion. Banknotes in circulation (liability item 1) decreased by EUR 0.1 billion to EUR 785.2 billion. Liabilities to general government (liability item 5.1) decreased by EUR 5.9 billion to EUR 107.5 billion.
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) increased by EUR 77.7 billion to EUR 567 billion. On Wednesday, 10 February 2010, a main refinancing operation of EUR 55.8 billion matured and a new one of EUR 76.1 billion was settled. On the same day, a longer-term refinancing operation of EUR 5.7 billion, with a maturity of one month, matured and a new one of EUR 2.8 billion was settled. On Thursday, 11 February 2010, a longer-term refinancing operation of EUR 10.8 billion, with a maturity of three months, matured, as did a longer-term refinancing operation of EUR 11.9 billion, with a maturity of six months.
Recourse to the marginal lending facility (asset item 5.5) was EUR 3.9 billion (compared with EUR 0.1 billion in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 150.1 billion (compared with EUR 229.4 billion in the preceding week).
The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 1.3 billion to EUR 36.1 billion in the week ending 12 February 2010.
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) increased by EUR 85.4 billion to EUR 254.7 billion.
| Assets (EUR millions) | Balance | Difference compared with last week due to transactions | ||
|---|---|---|---|---|
| Totals/sub-totals may not add up, due to rounding | ||||
| 1 | Gold and gold receivables | 266,919 | 0 | |
| 2 | Claims on non-euro area residents denominated in foreign currency | 193,411 | −1,114 | |
| 2.1 | Receivables from the IMF | 62,843 | 0 | |
| 2.2 | Balances with banks and security investments, external loans and other external assets | 130,568 | −1,114 | |
| 3 | Claims on euro area residents denominated in foreign currency | 29,196 | 162 | |
| 4 | Claims on non-euro area residents denominated in euro | 17,074 | −687 | |
| 4.1 | Balances with banks, security investments and loans | 17,074 | −687 | |
| 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 | 717,097 | −1,567 | |
| 5.1 | Main refinancing operations | 76,692 | 20,258 | |
| 5.2 | Longer-term refinancing operations | 636,507 | −25,652 | |
| 5.3 | Fine-tuning reverse operations | 0 | 0 | |
| 5.4 | Structural reverse operations | 0 | 0 | |
| 5.5 | Marginal lending facility | 3,876 | 3,825 | |
| 5.6 | Credits related to margin calls | 22 | 2 | |
| 6 | Other claims on euro area credit institutions denominated in euro | 27,429 | 501 | |
| 7 | Securities of euro area residents denominated in euro | 334,041 | 1,416 | |
| 7.1 | Securities held for monetary policy purposes | 36,114 | 1,310 | |
| 7.2 | Other securities | 297,927 | 106 | |
| 8 | General government debt denominated in euro | 36,121 | 0 | |
| 9 | Other assets | 253,400 | 1,475 | |
| Total assets | 1,874,687 | 187 | ||
| Liabilities (EUR millions) | Balance | Difference compared with last week due to transactions | ||
|---|---|---|---|---|
| Totals/sub-totals may not add up, due to rounding | ||||
| 1 | Banknotes in circulation | 785,154 | −77 | |
| 2 | Liabilities to euro area credit institutions related to monetary policy operations denominated in euro | 404,809 | 6,193 | |
| 2.1 | Current accounts (covering the minimum reserve system) | 254,697 | 85,444 | |
| 2.2 | Deposit facility | 150,112 | −79,251 | |
| 2.3 | Fixed-term deposits | 0 | 0 | |
| 2.4 | Fine-tuning reverse operations | 0 | 0 | |
| 2.5 | Deposits related to margin calls | 0 | 0 | |
| 3 | Other liabilities to euro area credit institutions denominated in euro | 458 | −33 | |
| 4 | Debt certificates issued | 0 | 0 | |
| 5 | Liabilities to other euro area residents denominated in euro | 115,701 | −5,907 | |
| 5.1 | General government | 107,484 | −5,866 | |
| 5.2 | Other liabilities | 8,218 | −41 | |
| 6 | Liabilities to non-euro area residents denominated in euro | 40,097 | 63 | |
| 7 | Liabilities to euro area residents denominated in foreign currency | 2,562 | −340 | |
| 8 | Liabilities to non-euro area residents denominated in foreign currency | 9,873 | −567 | |
| 8.1 | Deposits, balances and other liabilities | 9,873 | −567 | |
| 8.2 | Liabilities arising from the credit facility under ERM II | 0 | 0 | |
| 9 | Counterpart of special drawing rights allocated by the IMF | 51,249 | 0 | |
| 10 | Other liabilities | 170,090 | 410 | |
| 11 | Revaluation accounts | 220,213 | 0 | |
| 12 | Capital and reserves | 74,481 | 445 | |
| Total liabilities | 1,874,687 | 187 | ||
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