In the week ending 10 February 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 7.5 billion to EUR 322.4 billion.
The net balance of open market operations and standing facilities (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) fell by EUR 59.1 billion to EUR -2,880.9 billion. This was due primarily to the change in the level of the deposit facility (liability item 2.2).
Base money (liability items 1, 2.1 and 2.2) increased by EUR 35.7 billion to EUR 5,874.9 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 10 February 2023 | Weekly change – purchases | Weekly change – redemptions |
Securities Markets Programme | EUR 2.9 billion | – | – |
Covered bond purchase programme 3 | EUR 301.6 billion | +EUR 1.1 billion | -EUR 3.2 billion |
Asset-backed securities purchase programme | EUR 20.8 billion | – | -EUR 0.0 billion |
Public sector purchase programme | EUR 2,590.5 billion | +EUR 3.6 billion | -EUR 0.2 billion |
Corporate sector purchase programme | EUR 343.4 billion | +EUR 0.7 billion | -EUR 0.2 billion |
Pandemic emergency purchase programme | EUR 1,686.0 billion | +EUR 4.1 billion | -EUR 1.2 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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