Consolidated financial statement of the Eurosystem as at 7 January 2022 (399 KB)

PRESS RELEASE

11 January 2022

Consolidated financial statement of the Eurosystem as at 7 January 2022

In the week ending 7 January 2022 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 2.4 billion to EUR 326.6 billion, owing to customer and portfolio transactions and the maturity of US dollar liquidity-providingoperations.

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) increased by EUR 134.4 billion to EUR 1,554.5 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 3 billion to EUR 10 billion, mainly owing to maturing Eurosystem operations providing euro liquidity to non-euroarea 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 244 billion to EUR 6,080.1 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	Reported value as at	Weekly change -	Weekly change -
securities portfolios	7 January 2022	purchases	redemptions
Covered bond purchase	EUR 0.4 billion	-	-
programme 1
Securities Markets	EUR 6.5 billion	-	-
Programme
Covered bond purchase	EUR 2.4 billion	-	-
programme 2
Covered bond purchase	EUR 298.7 billion	+EUR 0.5 billion	-
programme 3
Asset-backed securities	EUR 28.6 billion	+EUR 0.2 billion	-EUR 0.1 billion
purchase programme
Public sector purchase	EUR 2,486.8 billion	+EUR 6.4 billion	-EUR 6.7 billion
programme
Corporate sector purchase	EUR 310.2 billion	+EUR 0.6 billion	-
programme
Pandemic emergency	EUR 1,589.4 billion	+EUR 10.7 billion	-EUR 1.9 billion
purchase programme

PRESS RELEASE / Consolidated financial statement of the Eurosystem as at 7 January 2022

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

Tel.: [phone], Email: [e-mail], Website: www.ecb.europa.eu

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Weekly consolidated financial statement of the Eurosystem as at 7 January 2022

(in EUR millions)

Assets	Balance as at	Difference compared
	7 January 2022	with last week due to
		transactions

1	Gold and gold receivables	559,373	0
2	Claims on non-euro area residents denominated in foreign currency	497,159	-2,931
	2.1	Receivables from the IMF	218,903	2
	2.2	Balances with banks and security investments, external loans and other external assets	278,255	-2,933
3	Claims on euro area residents denominated in foreign currency	26,095	1,540
4	Claims on non-euro area residents denominated in euro	9,966	-3,016
	4.1	Balances with banks, security investments and loans	9,966	-3,016
	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	2,201,926	44
	5.1	Main refinancing operations	430	44
	5.2	Longer-term refinancing operations	2,201,496	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	30,744	4,191
7	Securities of euro area residents denominated in euro	4,896,077	9,593
	7.1	Securities held for monetary policy purposes	4,723,123	9,646
	7.2	Other securities	172,954	-53
8	General government debt denominated in euro	22,168	0
9	Other assets	329,772	-2,515

Total assets

8,573,280

6,907

Totals / sub-totals may not add up, due to rounding.

Liabilities	Balance as at	Difference compared
	7 January 2022	with last week due to
		transactions

1	Banknotes in circulation	1,541,599	-2,787
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in
euro		4,541,490	247,552
	2.1	Current accounts (covering the minimum reserve system)	3,894,046	381,893
	2.2	Deposit facility	644,497	-135,100
	2.3	Fixed-term deposits	0	0
	2.4	Fine-tuning reverse operations	0	0
	2.5	Deposits related to margin calls	2,947	759
3	Other liabilities to euro area credit institutions denominated in euro	49,385	-27,289
4	Debt certificates issued	0	0
5	Liabilities to other euro area residents denominated in euro	668,318	-88,747
	5.1	General government	510,115	-80,271
	5.2	Other liabilities	158,204	-8,476
6	Liabilities to non-euro area residents denominated in euro	586,765	-123,192
7	Liabilities to euro area residents denominated in foreign currency	14,385	278
8	Liabilities to non-euro area residents denominated in foreign currency	3,451	722
	8.1	Deposits, balances and other liabilities	3,451	722
	8.2	Liabilities arising from the credit facility under ERM II	0	0
9	Counterpart of special drawing rights allocated by the IMF	178,834	0
10 Other liabilities	324,646	50
11 Revaluation accounts	554,779	-35
12 Capital and reserves	109,628	355

Total liabilities

8,573,280

6,907

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