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Consolidated financial statement of the Eurosystem as at 1 May 2020

5 May 2020

In the week ending 1 May 2020 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 1 billion to EUR 439.2 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) rose by EUR 6.7 billion to EUR 587 billion.

Base money (liability items 1, 2.1 and 2.2) increased by EUR 60 billion to EUR 3,522.8 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 1 May 2020

Weekly change – purchases

Weekly change – redemptions

Covered bond purchase programme 1

EUR 0.7 billion

-

-

Securities Markets Programme

EUR 38.5 billion

-

-EUR 1.6 billion

Covered bond purchase programme 2

EUR 2.9 billion

-

-

Covered bond purchase programme 3

EUR 277.7 billion

+EUR 0.1 billion

-EUR 0.3 billion

Asset-backed securities purchase programme

EUR 30.9 billion

+EUR 0.0 billion

-EUR 0.3 billion

Public sector purchase programme

EUR 2,189.3 billion

+EUR 9.5 billion

-EUR 10.2 billion

Corporate sector purchase programme

EUR 207.1 billion

+EUR 0.0 billion

-EUR 0.1 billion

Pandemic emergency purchase programme

EUR 118.8 billion

+EUR 22.1 billion

-

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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