In the week ending 6 September 2019 gold and gold receivables (asset item 1) increased by EUR 1 million owing to gold transactions by one Eurosystem central bank.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 1.3 billion to EUR 287.7 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 27.5 billion to EUR 113.4 billion.
Base money (liability items 1, 2.1 and 2.2) increased by EUR 44.6 billion to EUR 3,168.5 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 6 September 2019 | Weekly change – purchases | Weekly change – redemptions |
Covered bond purchase programme 1 | EUR 2.8 billion | – | – |
Covered bond purchase programme 2 | EUR 3.4 billion | – | – |
Covered bond purchase programme 3 | EUR 261.7 billion | +EUR 0.7 billion | – |
Asset-backed securities purchase programme | EUR 25.9 billion | +EUR 0.1 billion | – |
Corporate sector purchase programme | EUR 177.3 billion | +EUR 0.3 billion | -EUR 0.4 billion |
Public sector purchase programme | EUR 2,089.5 billion | +EUR 2.9 billion | -EUR 2.3 billion |
Securities Markets Programme | EUR 52.0 billion | – | -EUR 2.9 billion |