Consolidated financial statement of the Eurosystem as at 19 June 2020


In the week ending 19 June 2020 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 22.9 billion to EUR 351.2 billion, owing mainly to a reduction in US dollar liquidity-providing operations.

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 21.1 billion to EUR 758.6 billion.

Base money (liability items 1, 2.1 and 2.2) decreased by EUR 72.2 billion to EUR 3,614 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 19 June 2020 Weekly change – purchases Weekly change – redemptions
Covered bond purchase programme 1 EUR 0.6 billion -EUR 0.1 billion
Securities Markets Programme EUR 34.5 billion -EUR 4.0 billion
Covered bond purchase programme 2 EUR 2.9 billion -EUR 0.0 billion
Covered bond purchase programme 3 EUR 282.4 billion +EUR 0.9 billion -EUR 1.5 billion
Asset-backed securities purchase programme EUR 30.8 billion +EUR 0.1 billion -EUR 0.2 billion
Public sector purchase programme EUR 2,237.2 billion +EUR 9.2 billion -EUR 6.3 billion
Corporate sector purchase programme EUR 219.2 billion +EUR 2.3 billion -EUR 0.4 billion
Pandemic emergency purchase programme EUR 315.5 billion +EUR 28.8 billion -EUR 0.6 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).

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