Consolidated financial statement of the Eurosystem as at 12 January 2024

In the week ending 12 January 2024 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.3 billion to EUR 315.3 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) decreased by EUR 28.5 billion to -EUR 3,165.1 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) rose by EUR 15.7 billion to EUR 5,257.1 billion.

The change in the revaluation accounts (liability item 11) was due to the finalisation of the revaluation of the Eurosystem’s assets and liabilities for the financial year 2023.

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.