Consolidated financial statement of the Eurosystem as at 22 January 2021 (414 KB)

PRESS RELEASE

26 January 2021

Consolidated financial statement of the Eurosystem as at 22 January 2021

In the week ending 22 January 2021 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.1 billion to EUR 297.9 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 62.5 billion to EUR 1,172.1 billion, mainly owing to the change in the level of the deposit facility (liability item 2.2).

Base money (liability items 1, 2.1 and 2.2) rose by EUR 13.4 billion to EUR 5,129.5 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	Reported value as at	Weekly change -	Weekly change -
portfolios	22 January 2021	purchases	redemptions
Covered bond purchase	EUR 0.5 billion	-	-
programme 1
Securities Markets Programme	EUR 28.7 billion	-	-
Covered bond purchase	EUR 2.7 billion	-	-EUR 0.1 billion
programme 2
Covered bond purchase	EUR 287.4 billion	+EUR 1.6 billion	-EUR 2.8 billion
programme 3
Asset-backed securities purchase	EUR 28.7 billion	+EUR 0.0 billion	-EUR 1.0 billion
programme
Public sector purchase	EUR 2,348.6 billion	+EUR 8.7 billion	-EUR 5.2 billion
programme
Corporate sector purchase	EUR 255.7 billion	+EUR 3.0 billion	-EUR 0.8 billion
programme
Pandemic emergency purchase	EUR 794.0 billion	+EUR 19.1 billion	-EUR 5.9 billion
programme

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).

European Central Bank Directorate General Communications, Global Media Relations Division Sonnemannstrasse 20, 60314 Frankfurt am Main, Germany

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Weekly consolidated financial statement of the Eurosystem as at 22 January 2021

(in EUR millions)

Assets	Balance as at	Difference compared
			22 January 2021	with last week due to
				transactions
1	Gold and gold receivables	536,543	0
2	Claims on non-euro area residents denominated in foreign currency	342,895	-55
	2.1	Receivables from the IMF	85,319	-5
	2.2	Balances with banks and security investments, external loans and other external assets	257,576	-49
3	Claims on euro area residents denominated in foreign currency	21,826	631
4	Claims on non-euro area residents denominated in euro	11,109	212
	4.1	Balances with banks, security investments and loans	11,109	212
	4.2	Claims arising from the credit facility under ERM II	0	0
5	Lending to euro area credit institutions related to monetary policy operations denominated in euro	1,792,808	-287
	5.1	Main refinancing operations	234	-287
	5.2	Longer-term refinancing operations	1,792,574	0
	5.3	Fine-tuning reverse operations	0	0
	5.4	Structural reverse operations	0	0
	5.5	Marginal lending facility	0	0
	5.6	Credits related to margin calls	0	0
6	Other claims on euro area credit institutions denominated in euro	40,603	3,988
7	Securities of euro area residents denominated in euro	3,942,589	16,716
	7.1	Securities held for monetary policy purposes	3,746,143	16,764
	7.2	Other securities	196,446	-48
8	General government debt denominated in euro	22,676	0
9	Other assets	313,191	-12,610
Total assets	7,024,240	8,595
Totals / sub-totals may not add up, due to rounding.

Liabilities	Balance as at	Difference compared
	22 January 2021	with last week due to
		transactions

1	Banknotes in circulation	1,426,803	-642
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in
euro		3,702,671	14,050
	2.1	Current accounts (covering the minimum reserve system)	3,081,989	-48,133
	2.2	Deposit facility	620,681	62,185
	2.3	Fixed-term deposits	0	0
	2.4	Fine-tuning reverse operations	0	0
	2.5	Deposits related to margin calls	1	-2
3	Other liabilities to euro area credit institutions denominated in euro	14,128	569
4	Debt certificates issued	0	0
5	Liabilities to other euro area residents denominated in euro	646,138	41,330
	5.1	General government	559,652	37,450
	5.2	Other liabilities	86,486	3,879
6	Liabilities to non-euro area residents denominated in euro	249,565	-36,353
7	Liabilities to euro area residents denominated in foreign currency	8,276	415
8	Liabilities to non-euro area residents denominated in foreign currency	3,756	43
	8.1	Deposits, balances and other liabilities	3,756	43
	8.2	Liabilities arising from the credit facility under ERM II	0	0
9	Counterpart of special drawing rights allocated by the IMF	54,799	0
10 Other liabilities	296,963	-10,816
11 Revaluation accounts	512,529	0
12 Capital and reserves	108,612	0

Total liabilities

7,024,240

8,595

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