Consolidated financial statement of the Eurosystem as at 9 April 2010

Items not related to monetary policy operations

In the week ending 9 April 2010 gold and gold receivables (asset item 1) remained unchanged.

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.1 billion to EUR 170.9 billion on account of customer and portfolio transactions.

The holdings by the Eurosystem of securities other than those held for monetary policy purposes (asset item 7.2) increased by EUR 1.6 billion to EUR 302.4 billion. Banknotes in circulation (liability item 1) decreased by EUR 4.2 billion to EUR 797.5 billion. Liabilities to general government (liability item 5.1) fell by EUR 5.8 billion to EUR 112.4 billion.

Items related to monetary policy operations

The Eurosystem’s net lending to credit institutions (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) decreased by EUR 15.8 billion to EUR 481.6 billion. On Wednesday, 7 April 2010, a main refinancing operation of EUR 78.3 billion matured and a new one of EUR 71.5 billion was settled. On Thursday, 8 April 2010, a longer-term refinancing operation of EUR 2.4 billion, with a maturity of six months, matured.

Recourse to the marginal lending facility (asset item 5.5) was virtually nil (compared with EUR 0.1 billion in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 249.3 billion (compared with EUR 242.7 billion in the preceding week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 1.7 billion to EUR 46.1 billion in the week ending 9 April 2010.

Current accounts of euro area credit institutions

As a result of all transactions, the current account position of credit institutions with the Eurosystem (liability item 2.1) decreased by EUR 1.2 billion to EUR 177.9 billion.