In the week ending 24 May 2019 gold and gold receivables (asset item 1) remained unchanged.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.6 billion to EUR 288.1 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) rose by EUR 21.3 billion to EUR 152.2 billion.
Base money (liability items 1, 2.1 and 2.2) decreased by EUR 19.9 billion to EUR 3,192.2 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 24 May 2019 | Weekly change – purchases | Weekly change – redemptions |
Covered bond purchase programme 1 | EUR 3.2 billion | – | – |
Covered bond purchase programme 2 | EUR 3.5 billion | – | – |
Covered bond purchase programme 3 | EUR 262.3 billion | +EUR 0.3 billion | – |
Asset-backed securities purchase programme | EUR 26.1 billion | +EUR 0.1 billion | -EUR 0.2 billion |
Corporate sector purchase programme | EUR 177.7 billion | +EUR 0.1 billion | -EUR 0.2 billion |
Public sector purchase programme | EUR 2,098.7 billion | +EUR 3.3 billion | -EUR 0.2 billion |
Securities Markets Programme | EUR 62.8 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).