- PRESS RELEASE
Consolidated financial statement of the Eurosystem as at 8 July 2022
12 July 2022
In the week ending 8 July 2022 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 344 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 9.9 billion to EUR 1,397.6 billion. This was due primarily to the change in the level of the deposit facility (liability item 2.2).
Claims on non-euro area residents denominated in euro (asset item 4) decreased by EUR 1.2 billion to EUR 10.3 billion, owing mainly to maturing Eurosystem operations providing euro liquidity to non-euro area central banks (further details can be found on the ECB’s website under “Central bank liquidity lines”.
Base money (liability items 1, 2.1 and 2.2) increased by EUR 54 billion to EUR 6,247.2 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 8 July 2022
Weekly change – purchases
Weekly change – redemptions
Covered bond purchase programme 1
EUR 0.0 billion
Securities Markets Programme
EUR 3.4 billion
Covered bond purchase programme 2
EUR 0.2 billion
Covered bond purchase programme 3
EUR 302.6 billion
+EUR 0.5 billion
-EUR 0.2 billion
Asset-backed securities purchase programme
EUR 25.4 billion
+EUR 0.1 billion
-EUR 0.0 billion
Public sector purchase programme
EUR 2,588.5 billion
+EUR 5.5 billion
-EUR 10.7 billion
Corporate sector purchase programme
EUR 344.6 billion
-EUR 0.4 billion
Pandemic emergency purchase programme
EUR 1,692.1 billion
+EUR 5.3 billion
-EUR 6.8 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).