Consolidated financial statement of the Eurosystem as at 7 September 2018

11 September 2018

In the week ending 7 September 2018 gold and gold receivables (asset item 1) decreased by EUR 1 million owing to the sale of gold by one Eurosystem national central bank for the purpose of producing a commemorative coin.

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) fell by EUR 0.1 billion to EUR 264.3 billion.

As a result of the Eurosystem’s open market operations and standing facilities, net lending to credit institutions (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) decreased by EUR 21 billion to EUR 51.1 billion.

Base money (liability items 1, 2.1 and 2.2) increased by EUR 24.5 billion to EUR 3,241.5 billion.

The table below provides the detailed breakdown of securities held for monetary policy purposes (asset item 7.1) into the different portfolios. All portfolios are accounted for at amortised cost.

Monetary policy securities portfolios

Reported value as at 07 September 2018

Weekly change – purchases

Weekly change – redemptions

Covered bond purchase programme 1

EUR 4.5 billion

-

-

Covered bond purchase programme 2

EUR 4.0 billion

-

-EUR 0.0 billion

Covered bond purchase programme 3

EUR 257.6 billion

+EUR 0.6 billion

-EUR 0.2 billion

Asset-backed securities purchase programme

EUR 27.3 billion

+EUR 0.0 billion

-

Corporate sector purchase programme

EUR 167.4 billion

+EUR 1.1 billion

-EUR 0.3 billion

Public sector purchase programme

EUR 2,067.4 billion

+EUR 8.2 billion

-EUR 0.0 billion

Securities Markets Programme

EUR 74.3 billion

-

-

Revisions to some items in the statement published on 31 August 2018

On account of revisions to some assets and liabilities, it has been necessary to update the consolidated weekly financial statement of the Eurosystem as at 31 August 2018 (published on 7 September 2018). The following table provides an overview of the items affected:

Asset items

Revised amount

Published amount

4.1 Balances with banks, security investments and loans

EUR 18,014 million

EUR 18,002 million

9 Other assets

EUR 247,107 million

EUR 247,108 million

Lability items

10 Other liabilities

EUR 233,031 million

EUR 233,020 million

The content and format of the weekly financial statement are set out in Annexes IV to VI of Guideline (EU) 2016/2249 of the European Central Bank of 3 November 2016 on the legal framework for accounting and financial reporting in the European System of Central Banks (ECB/2016/34).

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