In the week ending 2聽August 2019聽gold and gold receivables聽(asset聽item聽1) increased by EUR聽1 million owing to the purchase of gold coin by one Eurosystem central bank.
The net position of the Eurosystem in foreign currency (asset items聽2 and聽3 minus liability items聽7, 8 and聽9) decreased by EUR聽0.3 billion to EUR聽288.8聽billion.
As a result of the Eurosystem鈥檚 open market operations and standing facilities, net lending to credit institutions (asset item聽5 minus liability items聽2.2, 2.3, 2.4, 2.5 and聽4) fell by EUR聽24.8聽billion to EUR聽129.4聽billion.
Base money (liability items聽1, 2.1 and聽2.2) increased by EUR聽72.9聽billion to EUR聽3,168.7聽billion.
The table below provides the detailed breakdown of聽securities held for monetary policy purposes聽(asset item聽7.1) into the different portfolios. All portfolios are accounted for at amortised cost.
| Monetary policy 聽 securities portfolios | Reported value as 聽 at 2 August 2019 | Weekly change 鈥� 聽 purchases | Weekly change 鈥� 聽 redemptions |
| Covered bond 聽 purchase programme 1 | EUR 2.8 billion | – | – |
| Covered bond 聽 purchase programme 2 | EUR 3.4 billion | – | -EUR 0.1 billion |
| Covered bond 聽 purchase programme 3 | EUR 260.7 billion | +EUR 0.2 billion | -EUR 1.2 billion |
| Asset-backed 聽 securities purchase programme | EUR 26.0 billion | +EUR 0.0 billion | -EUR 0.1 billion |
| Corporate sector 聽 purchase programme | EUR 177.2 billion | +EUR 0.1 billion | – |
| Public sector 聽 purchase programme | EUR 2,085.5 billion | +EUR 2.4 billion | -EUR 6.5 billion |
| Securities Markets 聽 Programme | EUR 54.9 billion | – | -EUR 2.1 billion |
