In the week ending 3 March听2023 the听net position of the Eurosystem in foreign currency (asset items听2 and听3 minus liability items听7,听8 and听9) increased by EUR听0.4 billion to EUR听324.4 billion.
The net balance of open market operations and standing facilities (asset item听5 minus liability items听2.2,听2.3,听2.4,听2.5 and听4) decreased by EUR听26.9听billion to EUR听-2,918 billion. This was due primarily to the change in the level of the听deposit facility听(liability item听2.2).
Base money (liability items听1,听2.1 and听2.2) rose by EUR听25.4 billion to EUR听5,863.2 billion.
The table below provides the detailed breakdown of听securities held for monetary policy purposes听(asset item听7.1) into the different portfolios. All portfolios are accounted for at amortised cost.
| Monetary policy securities portfolios | Reported value as at 3 March 2023 | Weekly change 鈥� purchases听[1] | Weekly change 鈥� redemptions |
| Securities Markets Programme | EUR 2.9 billion | – | – |
| Covered bond purchase programme 3 | EUR 303.2 billion | +EUR 1.1 billion | -EUR 0.4 billion |
| Asset-backed securities purchase programme | EUR 20.2 billion | +EUR 0.1 billion | -EUR 0.4 billion |
| Public sector purchase programme | EUR 2,585.5 billion | +EUR 4.0 billion | -EUR 6.8 billion |
| Corporate sector purchase programme | EUR 343.9 billion | +EUR 0.5 billion | -EUR 1.1 billion |
| Pandemic emergency purchase programme | EUR 1,682.1 billion | +EUR 5.5 billion | -EUR 7.8 billion |
[1] As purchase volumes decline during the partial reinvestment phase of the asset purchase programme portfolio, this column may sometimes show negative amounts. These are expected to be infrequent and would result from sales of securities conducted, for instance, for risk management purposes.
The content and format of the weekly financial statement are set out in Annexes听IV to听VI of Guideline (EU)听2016/2249 of the European Central Bank of 3听November 2016 on the legal framework for accounting and financial reporting in the European System of Central Banks ().
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