Chart usGOLD   Chart usSILVER  
 
Food for thought
There are a thousand hackling at the branches of evil to one who is striking at the root,
Henry D. Thoreau  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1305.04-2.76
Silver 20.67-0.03
Platinum 1486.3012.03
Palladium 884.108.70
WORLD MARKETS
DOWJONES 16961-119
NASDAQ 4450-23
NIKKEI 1552972
ASX 5570-4
CAC 40 43399
DAX 9627-17
HUI 2426
XAU 1023
CURRENCIES (€)
AUS $ 1.4278
CAN $ 1.4529
US $ 1.3437
GBP (£) 0.7906
Sw Fr 1.2148
YEN 136.7630
CURRENCIES ($)
AUS $ 1.0626
CAN $ 1.0813
Euro 0.7443
GBP (£) 0.5885
Sw Fr 0.9042
YEN 101.8050
RATIOS & INDEXES
Gold / Silver63.14
Gold / Oil12.84
Dowjones / Gold13.00
COMMODITIES
Copper 3.240.00
WTI Oil 101.65-0.44
Nat. Gas 3.790.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
ECB : increase of oz1901,33 in gold and gold receivables
Published : December 05th, 2012
510 words - Reading time : 1 - 2 minutes
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet

 

 

 

 

4 December 2012 - Consolidated financial statement of the Eurosystem as at 30 November 2012

Items not related to monetary policy operations

In the week ending 30 November 2012 the increase of EUR 2 million in gold and gold receivables (asset item 1) reflected the purchase of gold by Eurosystem central banks.

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 229 billion on account of customer and portfolio transactions and US dollar liquidity-providing operations (see below).

US dollar liquidity operations

Value date

Type of transaction

Maturing amount

New amount

29 November 2012

7-day US dollar liquidity-providing reverse transaction

USD 3.3 billion

USD 3.2 billion

The liquidity-providing transactions were conducted by the Eurosystem in connection with the temporary reciprocal currency arrangement (swap line) that the European Central Bank has with the Federal Reserve System.

The holdings by the Eurosystem of marketable securities other than those held for monetary policy purposes (asset item 7.2) increased by EUR 0.1 billion to EUR 309 billion. Banknotes in circulation (liability item 1) increased by EUR 4 billion to EUR 889.7 billion. Liabilities to general government (liability item 5.1) increased by EUR 2.4 billion to EUR 133.2 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 11.7 billion to EUR 669.5 billion. On Wednesday, 28 November 2012, a main refinancing operation of EUR 75.4 billion matured and a new one of EUR 74.6 billion was settled. On the same day, fixed-term deposits in an amount of EUR 208.5 billion matured and new deposits were collected in the same amount, with a maturity of one week. During the week, a longer-term refinancing operation of EUR 9.7 billion matured and a new one of EUR 7.4 billion was settled, while EUR 4.1 billion was repaid before maturity.

Recourse to the marginal lending facility (asset item 5.5) was EUR 1.9 billion (compared with EUR 2.4 billion in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 237.8 billion (compared with EUR 233.6 billion in the preceding week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) decreased by EUR 0.2 billion to EUR 277.1 billion. This decrease was due to the redemption of securities under the first covered bond purchase programme. Therefore, in the week ending 30 November 2012, the value of accumulated purchases under the Securities Markets Programme amounted to EUR 208.5 billion, while the value of the portfolios held under the first and second covered bond purchase programmes totalled EUR 52.1 billion and EUR 16.4 billion respectively. All three portfolios are accounted for on a held-to-maturity basis.

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 17 billion to EUR 489.9 billion.

Read full report here

 

 

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
ECB's Gold
All articles by
ECB's Gold
Next article by
ECB's Gold
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis
Most recent articles by ECB's Gold
1/10/2013
1/3/2013
12/27/2012
12/19/2012
12/12/2012
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer