The European Central Bank published the Eurosystem’s weekly financial statement, showing total assets of EUR 6,371.0 billion, down EUR 22.7 billion over the week due to transactions, driven mainly by a fall in securities held for monetary policy purposes and lower lending via main refinancing operations. Holdings of securities of euro area residents denominated in euro fell by EUR 12.5 billion to EUR 4,498.0 billion, with securities held for monetary policy purposes down EUR 13.1 billion to EUR 4,235.0 billion. Lending to euro area credit institutions related to monetary policy operations declined by EUR 4.9 billion to EUR 26.0 billion, reflecting a EUR 4.9 billion drop in main refinancing operations to EUR 7.0 billion. On the liabilities side, monetary policy-related liabilities to euro area credit institutions increased by EUR 29.3 billion to EUR 3,062.5 billion, as the deposit facility rose by EUR 57.7 billion to EUR 2,893.6 billion while current accounts fell by EUR 28.4 billion to EUR 168.9 billion. The ECB indicated that annexes and commentary are scheduled for 11 February 2025.
European Central Bank 2025-02-07
European Central Bank publishes weekly financial statement showing lower Eurosystem assets as monetary policy securities and main refinancing operations decline
The European Central Bank's latest Eurosystem financial statement reveals a weekly asset decrease of EUR 22.7 billion, primarily due to reduced securities for monetary policy and lower main refinancing operations lending. Securities holdings of euro area residents fell by EUR 12.5 billion, while monetary policy-related liabilities rose by EUR 29.3 billion, driven by a significant increase in the deposit facility.