In the week ending 16 October 2020 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.9 billion to EUR 304.7 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) increased by EUR 16.5 billion to EUR 1,220.2 billion.
Base money (liability items 1, 2.1 and 2.2) decreased by EUR 15.2 billion to EUR 4,713.2 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 16 October 2020 | Weekly change – purchases | Weekly change – redemptions |
| Covered bond purchase programme 1 | EUR 0.5 billion | – | – |
| Securities Markets Programme | EUR 32.6 billion | – | – |
| Covered bond purchase programme 2 | EUR 2.8 billion | – | – |
| Covered bond purchase programme 3 | EUR 286.7 billion | +EUR 1.2 billion | -EUR 1.3 billion |
| Asset-backed securities purchase programme | EUR 29.4 billion | +EUR 0.4 billion | -EUR 0.2 billion |
| Public sector purchase programme | EUR 2,303.1 billion | +EUR 10.3 billion | -EUR 12.1 billion |
| Corporate sector purchase programme | EUR 239.3 billion | +EUR 2.3 billion | -EUR 0.1 billion |
| Pandemic emergency purchase programme | EUR 600.6 billion | +EUR 17.3 billion | -EUR 1.5 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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