Consolidated financial statement of the Eurosystem as at 30 April 2010

Items not related to monetary policy operations

In the week ending 30 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) remained virtually unchanged at EUR 170.3 billion.

The holdings by the Eurosystem of securities other than those held for monetary policy purposes (asset item 7.2) increased by EUR 0.9 billion to EUR 304.5 billion. Banknotes in circulation (liability item 1) increased by EUR 5.3 billion to EUR 798.1 billion. Liabilities to general government (liability item 5.1) decreased by EUR 24.9 billion to EUR 104.9 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 26.6 billion to EUR 492 billion. On Wednesday, 28 April 2010, a main refinancing operation of EUR 70.2 billion matured and a new one of EUR 75.6 billion was settled. On Thursday, 29 April 2010, a longer-term refinancing operation of EUR 3.3 billion matured and a new one of EUR 4.8 billion was settled.

Recourse to the marginal lending facility (asset item 5.5) was EUR 0.8 billion (compared with virtually nil in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 251.6 billion (compared with EUR 217.4 billion in the preceding week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 1.7 billion to EUR 50.2 billion in the week ending 30 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 6.6 billion to EUR 197.5 billion.