Consolidated financial statement of the Eurosystem as at 16 April 2010

Items not related to monetary policy operations

In the week ending 16 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) decreased by EUR 0.2 billion to EUR 170.7 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 1.4 billion to EUR 303.8 billion. Banknotes in circulation (liability item 1) decreased by EUR 3.1 billion to EUR 794.5 billion. Liabilities to general government (liability item 5.1) increased by EUR 5.1 billion to EUR 117.5 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) increased by EUR 83.6 billion to EUR 565.2 billion. On Wednesday, 14 April 2010, a main refinancing operation of EUR 71.5 billion matured and a new one of EUR 70.5 billion was settled. On the same date, a longer-term refinancing operation of EUR 9.3 billion matured and a new one of EUR 15.7 billion was settled.

Recourse to the marginal lending facility (asset item 5.5) was virtually nil (approximately the same as in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 171.1 billion (compared with EUR 249.3 billion in the preceding week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) increased by EUR 1.1 billion to EUR 47.2 billion in the week ending 16 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) increased by EUR 81.8 billion to EUR 259.7 billion.