The European Central Bank released its weekly financial statement, reporting a balance sheet total of EUR 6.40tn, down EUR 3.8bn from the previous week due to transactions. Holdings of securities held for monetary policy purposes fell by EUR 13.9bn to EUR 4.27tn, while total securities of euro area residents declined by EUR 9.6bn as other securities rose by EUR 4.4bn. Lending to euro area credit institutions related to monetary policy operations decreased by EUR 1.9bn to EUR 25.3bn, driven by a EUR 1.9bn drop in main refinancing operations; foreign-currency claims on non-euro area residents increased by EUR 2.1bn to EUR 523.6bn. On the liability side, the deposit facility fell by EUR 37.6bn to EUR 2.94tn, partly offset by a EUR 26.3bn increase in current accounts to EUR 171.9bn, and banknotes in circulation decreased by EUR 6.7bn to EUR 1.57tn. Annexes, including a commentary, were scheduled for 21 January 2025.