In the week ending 26 March 2021 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 298.3 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 207.1 billion to EUR 1,463.7 billion.
Base money (liability items 1, 2.1 and 2.2) increased by EUR 306.1 billion to EUR 5,533 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 26 March 2021 | Weekly change – purchases | Weekly change – redemptions |
Covered bond purchase programme 1 | EUR 0.5 billion | – | – |
Securities Markets Programme | EUR 24.0 billion | – | – |
Covered bond purchase programme 2 | EUR 2.6 billion | – | – |
Covered bond purchase programme 3 | EUR 290.6 billion | +EUR 0.5 billion | -EUR 1.1 billion |
Asset-backed securities purchase programme | EUR 28.6 billion | +EUR 0.4 billion | -EUR 0.5 billion |
Public sector purchase programme | EUR 2,385.1 billion | +EUR 5.4 billion | – |
Corporate sector purchase programme | EUR 266.5 billion | +EUR 0.9 billion | -EUR 0.6 billion |
Pandemic emergency purchase programme | EUR 932.6 billion | +EUR 20.4 billion | -EUR 1.4 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).