The European Central Bank published the Eurosystem’s weekly consolidated balance sheet for 12 December 2025, showing total assets of EUR 6,129,214 million, down EUR 2,168 million due to transactions. The weekly decline largely reflected a fall in securities held for monetary policy purposes and lower lending to euro area credit institutions, partly offset by higher holdings of other securities. On the asset side, securities of euro area residents stood at EUR 4,072,827 million, including EUR 3,755,184 million in securities held for monetary policy purposes (down EUR 1,814 million) and EUR 317,643 million in other securities (up EUR 2,258 million). Lending to euro area credit institutions related to monetary policy operations was EUR 19,146 million (down EUR 933 million), while gold and gold receivables were broadly unchanged at EUR 1,128,573 million. On the liability side, banknotes in circulation rose to EUR 1,604,967 million (up EUR 4,377 million) and Eurosystem monetary policy liabilities to euro area credit institutions increased to EUR 2,629,902 million (up EUR 2,910 million), driven by a higher deposit facility balance of EUR 2,465,307 million (up EUR 5,826 million) alongside lower current accounts of EUR 164,596 million (down EUR 2,916 million).