In the week ending 14 June 2019 the net decrease of EUR 43 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.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.2 billion to EUR 288.6 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 19.2 billion to EUR 140.8 billion.
Base money (liability items 1, 2.1 and 2.2) decreased by EUR 40.1 billion to EUR 3,237.5 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 14 June 2019 | Weekly change – purchases | Weekly change – redemptions |
Covered bond purchase programme 1 | EUR 3.1 billion | – | – |
Covered bond purchase programme 2 | EUR 3.4 billion | – | – |
Covered bond purchase programme 3 | EUR 261.6 billion | +EUR 0.5 billion | -EUR 0.9 billion |
Asset-backed securities purchase programme | EUR 26.4 billion | +EUR 0.0 billion | -EUR 0.0 billion |
Corporate sector purchase programme | EUR 177.9 billion | +EUR 0.1 billion | -EUR 0.1 billion |
Public sector purchase programme | EUR 2,091.0 billion | +EUR 2.0 billion | -EUR 5.4 billion |
Securities Markets Programme | EUR 61.5 billion | – | -EUR 1.4 billion |