Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

ECB : increase of oz932,62 in gold and gold receivables

IMG Auteur
 
Published : November 07th, 2012
505 words - Reading time : 1 - 2 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

 

 

 

 

6 November 2012 - Consolidated financial statement of the Eurosystem as at 2 November 2012

Items not related to monetary policy operations

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

The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.1 billion to EUR 229.7 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

1 November 2012

7-day US dollar liquidity-providing reverse transaction

USD 3.6 billion

USD 3.1 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) decreased by EUR 0.8 billion to EUR 311.9 billion. Banknotes in circulation (liability item 1) increased by EUR 5.1 billion to EUR 893.2 billion. Liabilities to general government (liability item 5.1) increased by EUR 4 billion to EUR 96.6 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 2.2 billion to EUR 659.2 billion. On Wednesday, 31 October 2012, a main refinancing operation of EUR 77.3 billion matured and a new one of EUR 83.7 billion was settled. On the same day, fixed-term deposits in an amount of EUR 209.5 billion matured and new deposits were collected in the same amount, with a maturity of one week. Also on Wednesday, 31 October 2012, a longer-term refinancing operation of EUR 16.2 billion matured and a new one of EUR 6.2 billion was settled.

Recourse to the marginal lending facility (asset item 5.5) was EUR 0.5 billion (compared with EUR 0.3 billion in the previous week), while recourse to the deposit facility (liability item 2.2) was EUR 261.4 billion (compared with EUR 267 billion in the preceding week).

The holdings by the Eurosystem of securities held for monetary policy purposes (asset item 7.1) decreased by EUR 0.7 billion to EUR 278.3 billion. This decrease was due to the redemption of securities under the Securities Markets Programme. Therefore, in the week ending 2 November 2012, the value of accumulated purchases under the Securities Markets Programme amounted to EUR 208.5 billion, while the values of the portfolios held under the first and second covered bond purchase programmes totalled EUR 53.3 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) increased by EUR 0.1 billion to EUR 515.4 billion.

Read full report here

 

 

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
“That War You Ordered….”
10:10scipionasica1
How splendid to read a clear and lucid article. I am a British citizen living in France and I confirm to you that the illogical nonsense fed to yo...
Alan Greenspan renews gold advocacy, Part 1
18 Febstinger
STFU Greenspan, shut your lie-hole already. When you had a chance to make a difference you sold us out. Nobody gives a chit about...
“That War You Ordered….”
18 Febcomptel
Very good article, except for the unneeded bad language!
Trump Fan John Paulson Cuts GLD Gold Investment as Inflation Hits 5...
15 FebChrisR13
Paulson still owns 4.3 million shares but don't forget GLD allows its biggest holders to redeem for the underlying physical gold but everyone else ...
Yet Another Wall Street 'Witch's Brew'
15 FebDRGEORGE-1
I'm not an American but if I had a vote I probably would have voted for DT as the alternative was much worse. My biggest concern about DTs policies...
Left Behind
13 FebJ.1
Perhaps Secretary DeVos's primary purpose will be to dismantle the Dept. of Education. Woo Hoo! Stop wasting money on ineffective education that ...
Amazon Plans Robotic Supermarket Staffed by 3; Chinese Factory Elim...
13 FebDRGEORGE1
200 years later, the spirit of Ned Ludd lives on - except sam_site doesn't want to smash the machines - he just pretends they aren't there!
Is a Global Wide Cash Ban Coming?
10 Febsam_site
The war on cash is the the result of the 2008 massive redemptions of bank CDs as the herd panicked for the exits and cashed out. That's the real r...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS