In the week ending 19 April 2019 the net decrease of EUR 14 million in gold and gold receivables (asset item 1) reflected the sale of gold by one Eurosystem central bank for the purpose of producing a commemorative coin as well as the purchase of gold coin by another Eurosystem central bank.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.7 billion to EUR 287.3 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 48.8 billion to EUR 141.4 billion.
Base money (liability items 1, 2.1 and 2.2) decreased by EUR 39.8 billion to EUR 3,209.7 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 April 2019 | Weekly change – purchases | Weekly change – redemptions |
Covered bond purchase programme 1 | EUR 3.4 billion | – | – |
Covered bond purchase programme 2 | EUR 3.8 billion | – | – |
Covered bond purchase programme 3 | EUR 262.0 billion | +EUR 0.3 billion | -EUR 0.1 billion |
Asset-backed securities purchase programme | EUR 26.3 billion | +EUR 0.0 billion | -EUR 0.1 billion |
Corporate sector purchase programme | EUR 177.7 billion | +EUR 0.1 billion | -EUR 0.1 billion |
Public sector purchase programme | EUR 2,099.7 billion | +EUR 4.6 billion | -EUR 3.7 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).