Consolidated financial statement of the Eurosystem as at 30 July 2010

3 August 2010

Items not related to monetary policy operations

In the week ending 30 July 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 0.5 billion to EUR 191.7 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 0.8 billion to EUR 296.3 billion. Banknotes in circulation (liability item 1) increased by EUR 3.1 billion to EUR 820.6 billion. Liabilities to general government (liability item 5.1) decreased by EUR 6.1 billion to EUR 110.8 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 52.8 billion to EUR 451 billion. On Wednesday, 28 July 2010, a main refinancing operation of EUR 201.3 billion matured and a new one of EUR 190 billion was settled. On the same date, fixed-term deposits in an amount of EUR 60 billion matured, and new deposits with a maturity of one week were collected in an amount of EUR 60.5 billion. On Thursday, 29 July 2010, a longer-term refinancing operation of EUR 4.8 billion matured and a new one of EUR 23.2 billion was settled.

Recourse to the marginal lending facility (asset item 5.5) was EUR 0.4 billion (compared with virtually nil in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 120.9 billion (compared with EUR 61.3 billion in the preceding week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 81 million to EUR 121.5 billion as a result of settled purchases under the Securities Markets Programme.

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 49.5 billion to EUR 195.8 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 351,969 0
2 Claims on non-euro area residents denominated in foreign currency 236,347 779
2.1 Receivables from the IMF 74,103 137
2.2 Balances with banks and security investments, external loans and other external assets 162,245 642
3 Claims on euro area residents denominated in foreign currency 29,473 −367
4 Claims on non-euro area residents denominated in euro 17,945 −121
4.1 Balances with banks, security investments and loans 17,945 −121
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 632,499 7,300
5.1 Main refinancing operations 189,986 −11,300
5.2 Longer-term refinancing operations 442,042 18,320
5.3 Fine-tuning reverse operations 0 0
5.4 Structural reverse operations 0 0
5.5 Marginal lending facility 366 363
5.6 Credits related to margin calls 104 −83
6 Other claims on euro area credit institutions denominated in euro 42,934 −1,448
7 Securities of euro area residents denominated in euro 417,768 −747
7.1 Securities held for monetary policy purposes 121,454 81
7.2 Other securities 296,315 −829
8 General government debt denominated in euro 35,041 0
9 Other assets 237,684 2,652
Total assets 2,001,660 8,048
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 820,583 3,058
2 Liabilities to euro area credit institutions related to monetary policy operations denominated in euro 377,258 10,662
2.1 Current accounts (covering the minimum reserve system) 195,798 −49,457
2.2 Deposit facility 120,894 59,569
2.3 Fixed-term deposits 60,500 500
2.4 Fine-tuning reverse operations 0 0
2.5 Deposits related to margin calls 66 49
3 Other liabilities to euro area credit institutions denominated in euro 1,784 391
4 Debt certificates issued 0 0
5 Liabilities to other euro area residents denominated in euro 118,125 −6,698
5.1 General government 110,800 −6,117
5.2 Other liabilities 7,326 −582
6 Liabilities to non-euro area residents denominated in euro 42,232 51
7 Liabilities to euro area residents denominated in foreign currency 1,342 436
8 Liabilities to non-euro area residents denominated in foreign currency 16,096 −537
8.1 Deposits, balances and other liabilities 16,096 −537
8.2 Liabilities arising from the credit facility under ERM II 0 0
9 Counterpart of special drawing rights allocated by the IMF 56,711 0
10 Other liabilities 160,520 685
11 Revaluation accounts 328,818 0
12 Capital and reserves 78,190 0
Total liabilities 2,001,660 8,048

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