Consolidated financial statement of the Eurosystem as at 23 April 2010

27 April 2010

Items not related to monetary policy operations

In the week ending 23 April 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) decreased by EUR 0.4 billion to EUR 170.3 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) decreased by EUR 0.2 billion to EUR 303.6 billion. Banknotes in circulation (liability item 1) decreased by EUR 1.6 billion to EUR 792.8 billion. Liabilities to general government (liability item 5.1) increased by EUR 12.4 billion to EUR 129.9 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 46.6 billion to EUR 518.6 billion. On Wednesday, 21 April 2010, a main refinancing operation of EUR 70.6 billion matured and a new one of EUR 70.2 billion was settled.

Recourse to the marginal lending facility (asset item 5.5) was virtually nil (approximately the same as in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 217.4 billion (compared with EUR 171.1 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 48.5 billion in the week ending 23 April 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 55.6 billion to EUR 204.1 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 286,698 0
2 Claims on non-euro area residents denominated in foreign currency 209,276 −620
2.1 Receivables from the IMF 66,608 20
2.2 Balances with banks and security investments, external loans and other external assets 142,669 −640
3 Claims on euro area residents denominated in foreign currency 28,041 −326
4 Claims on non-euro area residents denominated in euro 17,336 584
4.1 Balances with banks, security investments and loans 17,336 584
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 735,937 −345
5.1 Main refinancing operations 70,228 −349
5.2 Longer-term refinancing operations 665,670 1
5.3 Fine-tuning reverse operations 0 0
5.4 Structural reverse operations 0 0
5.5 Marginal lending facility 2 1
5.6 Credits related to margin calls 37 2
6 Other claims on euro area credit institutions denominated in euro 32,735 1,002
7 Securities of euro area residents denominated in euro 352,127 1,123
7.1 Securities held for monetary policy purposes 48,546 1,329
7.2 Other securities 303,581 −207
8 General government debt denominated in euro 36,120 −2
9 Other assets 244,989 1,855
Total assets 1,943,260 3,271
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 792,846 −1,604
2 Liabilities to euro area credit institutions related to monetary policy operations denominated in euro 421,473 −9,395
2.1 Current accounts (covering the minimum reserve system) 204,112 −55,637
2.2 Deposit facility 217,361 46,247
2.3 Fixed-term deposits 0 0
2.4 Fine-tuning reverse operations 0 0
2.5 Deposits related to margin calls 0 −5
3 Other liabilities to euro area credit institutions denominated in euro 675 190
4 Debt certificates issued 0 0
5 Liabilities to other euro area residents denominated in euro 137,804 12,188
5.1 General government 129,878 12,401
5.2 Other liabilities 7,925 −213
6 Liabilities to non-euro area residents denominated in euro 36,197 −193
7 Liabilities to euro area residents denominated in foreign currency 1,006 −122
8 Liabilities to non-euro area residents denominated in foreign currency 12,988 −404
8.1 Deposits, balances and other liabilities 12,988 −404
8.2 Liabilities arising from the credit facility under ERM II 0 0
9 Counterpart of special drawing rights allocated by the IMF 53,033 0
10 Other liabilities 161,376 2,611
11 Revaluation accounts 249,205 0
12 Capital and reserves 76,655 0
Total liabilities 1,943,260 3,271

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