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  • PRESS RELEASE

Consolidated financial statement of the Eurosystem as at 7 June 2024

11 June 2024

In the week ending 7 June 2024 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.3 billion to EUR 321.7 billion.

The net balance of open market operations and standing facilities (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) decreased by EUR 2.2 billion to ‑EUR 3,003.6 billion. This was due primarily to the change in the level of the main refinancing operations (asset item 5.1).

Base money (liability items 1, 2.1 and 2.2) rose by EUR 28.2 billion to EUR 4,903.8 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.

Table 1

Monetary policy securities portfolios

Reported value as at 7 June 2024

Weekly change – purchases [1]

Weekly change – redemptions

Securities Markets Programme

EUR 1.3 billion

-

-

Covered bond purchase programme 3

EUR 268.6 billion

-

-EUR 0.2 billion

Asset-backed securities purchase programme

EUR 9.4 billion

-

-EUR 0.0 billion

Public sector purchase programme

EUR 2,270.1 billion

-

-EUR 1.3 billion

Corporate sector purchase programme

EUR 308.3 billion

-

-EUR 0.9 billion

Pandemic emergency purchase programme

EUR 1,663.6 billion

+EUR 2.6 billion

-EUR 1.2 billion

[1] With the discontinuation of the reinvestments under the asset purchase programme, this column may sometimes show negative amounts. These are expected to be infrequent and would result from sales of securities conducted, for instance, for risk management purposes.

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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