In the week ending 11 June 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 1.2 billion to EUR 312.8 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 8.3 billion to EUR 1,360.7 billion, mainly owing to the change in the level of the deposit facility (liability item 2.2).
Base money (liability items 1, 2.1 and 2.2) rose by EUR 13.1 billion to EUR 5,834.4 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 11 June 2021 | Weekly change – purchases | Weekly change – redemptions |
Covered bond purchase programme 1 | EUR 0.4 billion | – | – |
Securities Markets Programme | EUR 17.1 billion | – | – |
Covered bond purchase programme 2 | EUR 2.4 billion | – | – |
Covered bond purchase programme 3 | EUR 291.4 billion | +EUR 0.6 billion | – |
Asset-backed securities purchase programme | EUR 28.6 billion | +EUR 0.1 billion | -EUR 0.0 billion |
Public sector purchase programme | EUR 2,408.8 billion | +EUR 8.0 billion | -EUR 7.2 billion |
Corporate sector purchase programme | EUR 279.1 billion | +EUR 1.4 billion | -EUR 0.3 billion |
Pandemic emergency purchase programme | EUR 1,126.3 billion | +EUR 18.1 billion | -EUR 7.3 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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