Consolidated financial statement of the Eurosystem as at 5 February 2010

9 February 2010

Items not related to monetary policy operations

In the week ending 5 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) increased by EUR 0.3 billion to EUR 159 billion on account of customer and portfolio transactions.

Extraordinary transactions
Value date Type of transaction Maturing amount
3 February 2010 7-day Swiss franc liquidity-providing EUR/CHF foreign exchange swap CHF 817.7 million

After 31 January 2010 Swiss franc liquidity-providing operations are no longer being conducted, as announced on 18 January 2010.

The holdings by the Eurosystem of securities other than those held for monetary policy purposes (asset item 7.2) increased by EUR 0.2 billion to EUR 297.8 billion. Banknotes in circulation (liability item 1) increased by EUR 1.7 billion to EUR 785.2 billion. Liabilities to general government (liability item 5.1) decreased by EUR 21.9 billion to EUR 113.4 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) decreased by EUR 71.7 billion to EUR 489.3 billion. On Wednesday, 3 February 2010, a main refinancing operation of EUR 63.4 billion matured and a new one of EUR 55.8 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 229.4 billion (compared with EUR 165.3 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 34.8 billion in the week ending 5 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) decreased by EUR 50.3 billion to EUR 169.3 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 194,525 732
2.1 Receivables from the IMF 62,843 −5
2.2 Balances with banks and security investments, external loans and other external assets 131,682 737
3 Claims on euro area residents denominated in foreign currency 29,034 760
4 Claims on non-euro area residents denominated in euro 17,761 −331
4.1 Balances with banks, security investments and loans 17,761 −331
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 718,663 −7,648
5.1 Main refinancing operations 56,433 −7,610
5.2 Longer-term refinancing operations 662,159 0
5.3 Fine-tuning reverse operations 0 0
5.4 Structural reverse operations 0 0
5.5 Marginal lending facility 51 −37
5.6 Credits related to margin calls 20 0
6 Other claims on euro area credit institutions denominated in euro 26,927 222
7 Securities of euro area residents denominated in euro 332,625 1,437
7.1 Securities held for monetary policy purposes 34,804 1,272
7.2 Other securities 297,821 165
8 General government debt denominated in euro 36,121 −50
9 Other assets 251,925 1,723
Total assets 1,874,500 −3,155
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 785,231 1,687
2 Liabilities to euro area credit institutions related to monetary policy operations denominated in euro 398,616 13,814
2.1 Current accounts (covering the minimum reserve system) 169,253 −50,281
2.2 Deposit facility 229,363 64,101
2.3 Fixed-term deposits 0 0
2.4 Fine-tuning reverse operations 0 0
2.5 Deposits related to margin calls 0 −7
3 Other liabilities to euro area credit institutions denominated in euro 491 49
4 Debt certificates issued 0 0
5 Liabilities to other euro area residents denominated in euro 121,609 −21,954
5.1 General government 113,350 −21,881
5.2 Other liabilities 8,259 −73
6 Liabilities to non-euro area residents denominated in euro 40,034 −211
7 Liabilities to euro area residents denominated in foreign currency 2,902 184
8 Liabilities to non-euro area residents denominated in foreign currency 10,439 1,045
8.1 Deposits, balances and other liabilities 10,439 1,045
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 169,680 2,225
11 Revaluation accounts 220,213 0
12 Capital and reserves 74,036 8
Total liabilities 1,874,500 −3,155

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