Consolidated financial statement of the Eurosystem as at 5 March 2010

9 March 2010

Items not related to monetary policy operations

In the week ending 5 March 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 0.1 billion to EUR 160.8 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) remained unchanged. Banknotes in circulation (liability item 1) increased by EUR 4.1 billion to EUR 788.4 billion. Liabilities to general government (liability item 5.1) decreased by EUR 24.9 billion to EUR 101.3 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 59.1 billion to EUR 465.2 billion. On Wednesday, 3 March 2010 a main refinancing operation of EUR 81.4 billion matured and a new one of EUR 80.5 billion was settled.

Recourse to the marginal lending facility (asset item 5.5) was EUR 0.1 billion (compared with EUR 0.2 billion in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 259.8 billion (compared with EUR 202.7 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 39.6 billion in the week ending 5 March 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 35.9 billion to EUR 164.0 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 197,509 −65
2.1 Receivables from the IMF 64,365 −46
2.2 Balances with banks and security investments, external loans and other external assets 133,145 −19
3 Claims on euro area residents denominated in foreign currency 27,755 −510
4 Claims on non-euro area residents denominated in euro 16,123 744
4.1 Balances with banks, security investments and loans 16,123 744
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 724,920 −1,990
5.1 Main refinancing operations 80,455 −1,568
5.2 Longer-term refinancing operations 644,378 −302
5.3 Fine-tuning reverse operations 0 0
5.4 Structural reverse operations 0 0
5.5 Marginal lending facility 59 −119
5.6 Credits related to margin calls 27 −1
6 Other claims on euro area credit institutions denominated in euro 26,403 −321
7 Securities of euro area residents denominated in euro 336,678 882
7.1 Securities held for monetary policy purposes 39,625 881
7.2 Other securities 297,052 1
8 General government debt denominated in euro 36,137 16
9 Other assets 257,867 2,539
Total assets 1,890,311 1,294
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 788,372 4,085
2 Liabilities to euro area credit institutions related to monetary policy operations denominated in euro 423,724 21,227
2.1 Current accounts (covering the minimum reserve system) 163,966 −35,863
2.2 Deposit facility 259,758 57,089
2.3 Fixed-term deposits 0 0
2.4 Fine-tuning reverse operations 0 0
2.5 Deposits related to margin calls 1 1
3 Other liabilities to euro area credit institutions denominated in euro 399 −171
4 Debt certificates issued 0 0
5 Liabilities to other euro area residents denominated in euro 109,542 −24,756
5.1 General government 101,304 −24,873
5.2 Other liabilities 8,238 117
6 Liabilities to non-euro area residents denominated in euro 39,812 −692
7 Liabilities to euro area residents denominated in foreign currency 1,811 −50
8 Liabilities to non-euro area residents denominated in foreign currency 11,398 −657
8.1 Deposits, balances and other liabilities 11,398 −657
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 168,826 2,307
11 Revaluation accounts 220,213 0
12 Capital and reserves 74,965 0
Total liabilities 1,890,311 1,294

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