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Consolidated financial statement of the Eurosystem as at 5 April 2019

9 April 2019

In the week ending 5 April 2019 gold and gold receivables (asset item 1) increased by EUR 3 million owing to the purchase of gold coin by two Eurosystem central banks.

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 3.3 billion to EUR 284.2 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) fell by EUR 36.1 billion to EUR 89.8 billion.

Base money (liability items 1, 2.1 and 2.2) increased by EUR 90.1 billion to EUR 3,254.2 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 5 April 2019

Weekly change – purchases

Weekly change – redemptions

Covered bond purchase programme 1

EUR 3.9 billion

-

-

Covered bond purchase programme 2

EUR 3.8 billion

-

-

Covered bond purchase programme 3

EUR 261.8 billion

+EUR 0.3 billion

-EUR 0.0 billion

Asset-backed securities purchase programme

EUR 25.7 billion

+EUR 0.1 billion

-

Corporate sector purchase programme

EUR 177.7 billion

+EUR 0.1 billion

-EUR 0.2 billion

Public sector purchase programme

EUR 2,099.1 billion

+EUR 5.0 billion

-EUR 0.1 billion

Securities Markets Programme

EUR 62.8 billion

-

-

Revisions to some items in the statement published on 3 April 2019

On account of revisions to quarter-end revaluations of some assets and liabilities, it has been necessary to update the consolidated weekly financial statement of the Eurosystem as at 29 March 2019 (published on 3 April 2019). The following table provides an overview of the items affected:

Asset items:

Revised amount:

Published amount:

1 Gold and gold receivables

EUR 402,153 million

EUR 402,313 million

2.1 Receivables from the IMF

EUR 78,101 million

EUR 78,066 million

9 Other assets

EUR 257,275 million

EUR 257,233 million

Liability items:

10 Other liabilities

EUR 256,682 million

EUR 256,595 million

11 Revaluation accounts

EUR 397,340 million

EUR 397,509 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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