Consolidated financial statement of the Eurosystem as at 8 January 2021 (421 KB)

PRESS RELEASE

12 January 2021

Consolidated financial statement of the Eurosystem as at 8 January 2021

In the week ending 8 January 2021 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 6.5 billion to EUR 297.6 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) increased by EUR 136.1 billion to EUR 1,245.4 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 143.7 billion to EUR 5,067.4 billion.

The change in the revaluation accounts (liability item 11) was due to the finalisation of the revaluation of the Eurosystem's assets and liabilities in the context of the financial year 2020.

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 8	Weekly change -	Weekly change -
portfolios	January 2021	purchases	redemptions
Covered bond purchase	EUR 0.5 billion	-	-
programme 1
Securities Markets	EUR 28.7 billion	-	-
Programme
Covered bond purchase	EUR 2.8 billion	-	-
programme 2
Covered bond purchase	EUR 287.8 billion	+EUR 0.6 billion	-EUR 0.4 billion
programme 3
Asset-backed securities	EUR 29.4 billion	+EUR 0.0 billion	-EUR 0.1 billion
purchase programme
Public sector purchase	EUR 2,341.1 billion	+EUR 4.6 billion	-EUR 5.1 billion
programme
Corporate sector purchase	EUR 250.8 billion	+EUR 0.8 billion	-EUR 0.4 billion
programme
Pandemic emergency	EUR 762.5 billion	+EUR 11.7 billion	-EUR 2.9 billion
purchase programme

PRESS RELEASE / 12 January 2021

Consolidated financial statement of the Eurosystem as at 8 January 2021

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 8 January 2021

(in EUR millions)

Assets	Balance as at	Difference compared
			8 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	344,296	-2,883
	2.1	Receivables from the IMF	85,102	-277
	2.2	Balances with banks and security investments, external loans and other external assets	259,193	-2,606
3	Claims on euro area residents denominated in foreign currency	20,066	-3,370
4	Claims on non-euro area residents denominated in euro	10,801	-3,535
	4.1	Balances with banks, security investments and loans	10,801	-3,535
	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	1,792,754	-440
	5.1	Main refinancing operations	180	-288
	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	-152
	5.6	Credits related to margin calls	0	0
6	Other claims on euro area credit institutions denominated in euro	38,891	13,562
7	Securities of euro area residents denominated in euro	3,899,757	8,841
	7.1	Securities held for monetary policy purposes	3,703,448	8,806
	7.2	Other securities	196,309	35
8	General government debt denominated in euro	22,676	0
9	Other assets	318,930	-6,786
Total assets	6,984,713	5,389
Totals / sub-totals may not add up, due to rounding.

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

1	Banknotes in circulation	1,430,147	-4,364
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in euro	3,637,300	148,106
	2.1	Current accounts (covering the minimum reserve system)	3,089,948	284,617
	2.2	Deposit facility	547,349	-136,513
	2.3	Fixed-term deposits	0	0
	2.4	Fine-tuning reverse operations	0	0
	2.5	Deposits related to margin calls	2	2
3	Other liabilities to euro area credit institutions denominated in euro	14,155	-9,409
4	Debt certificates issued	0	0
5	Liabilities to other euro area residents denominated in euro	559,142	-52,162
	5.1	General government	474,809	-41,364
	5.2	Other liabilities	84,333	-10,798
6	Liabilities to non-euro area residents denominated in euro	355,479	-75,666
7	Liabilities to euro area residents denominated in foreign currency	8,049	233
8	Liabilities to non-euro area residents denominated in foreign currency	3,866	-29
	8.1	Deposits, balances and other liabilities	3,866	-29
	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	300,622	-793
11 Revaluation accounts	512,529	-356
12 Capital and reserves	108,626	-172

Total liabilities

6,984,713

5,389

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