Consolidated financial statement of the Eurosystem as at 2 August 2019

Europe

In the week ending 2 August 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to the purchase of gold coin by one Eurosystem central bank.

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.3 billion to EUR 288.8 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) fell by EUR 24.8 billion to EUR 129.4 billion.

Base money (liability items 1, 2.1 and 2.2) increased by EUR 72.9 billion to EUR 3,168.7 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 2 August 2019 Weekly change –   purchases Weekly change –   redemptions
Covered bond   purchase programme 1 EUR 2.8 billion
Covered bond   purchase programme 2 EUR 3.4 billion -EUR 0.1 billion
Covered bond   purchase programme 3 EUR 260.7 billion +EUR 0.2 billion -EUR 1.2 billion
Asset-backed   securities purchase programme EUR 26.0 billion +EUR 0.0 billion -EUR 0.1 billion
Corporate sector   purchase programme EUR 177.2 billion +EUR 0.1 billion
Public sector   purchase programme EUR 2,085.5 billion +EUR 2.4 billion -EUR 6.5 billion
Securities Markets   Programme EUR 54.9 billion -EUR 2.1 billion

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