- PRESS RELEASE
Consolidated financial statement of the Eurosystem as at 3 February 2023
7 February 2023
In the week ending 3 February 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 9.4 billion to EUR 329.9 billion.
The net balance of open market operations and standing facilities (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) rose by EUR 12 billion to EUR -2,821.8 billion. This was due primarily to the change in the level of the deposit facility (liability item 2.2).
Base money (liability items 1, 2.1 and 2.2) increased by EUR 12.4 billion to EUR 5,839.1 billion.
The change in the revaluation accounts (liability item 11) was due to the finalisation of 2022 year-end processes by one NCB.
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 3 February 2023
Weekly change – purchases
Weekly change – redemptions
Securities Markets Programme
EUR 2.9 billion
Covered bond purchase programme 3
EUR 303.7 billion
+EUR 1.9 billion
-EUR 1.3 billion
Asset-backed securities purchase programme
EUR 20.8 billion
+EUR 0.0 billion
-EUR 0.1 billion
Public sector purchase programme
EUR 2,587.1 billion
+EUR 3.5 billion
-EUR 5.6 billion
Corporate sector purchase programme
EUR 343.0 billion
-EUR 0.5 billion
-EUR 0.6 billion
Pandemic emergency purchase programme
EUR 1,683.1 billion
+EUR 4.6 billion
-EUR 6.4 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).