Consolidated balance sheet of the Eurosystem as at 31 December 2018.
Date: 2019-05-19
Institutions: European Central Bank
Subjects: Economic and Monetary Union, European Central Bank, European System of Central Banks, euro, monetary policy, operation of the Institutions, supply balance sheet

Consolidated balance sheet of the 
Eurosystem as at 31 December 2018 

(EUR millions) 1 

ASSETS 

31 December  
2018 

31 December  
2017 

1  Gold and gold receivables 

389,765 

376,300 

2  Claims on non-euro area residents denominated in foreign currency 

2.1  Receivables from the IMF 

334,369 

76,943 

296,201 

70,214 

2.2  Balances with banks and security investments, external loans and other 

external assets 

257,426 

225,987 

3  Claims on euro area residents denominated in foreign currency 

20,499 

38,079 

4  Claims on non-euro area residents denominated in euro 

4.1  Balances with banks, security investments and loans 

4.2  Claims arising from the credit facility under ERM II 

5  Lending to euro area credit institutions related to monetary policy 

operations denominated in euro 

5.1  Main refinancing operations 

5.2  Longer-term refinancing operations 

5.3  Fine-tuning reverse operations 

5.4  Structural reverse operations 

5.5  Marginal lending facility 

5.6  Credits related to margin calls 

21,276 

21,276 

0 

734,381 

9,573 

723,837 

0 

0 

971 

0 

19,364 

19,364 

0 

764,310 

3,372 

760,639 

0 

0 

299 

0 

6  Other claims on euro area credit institutions denominated in euro 

17,637 

37,563 

7  Securities of euro area residents denominated in euro 

7.1  Securities held for monetary policy purposes 

7.2  Other securities 

2,899,300 

2,651,281 

248,018 

2,660,726 

2,386,012 

274,714 

8  General government debt denominated in euro 

23,947 

25,015 

9  Other assets 

Total assets 

261,559 

250,052 

4,702,733 

4,467,611 

1   Totals/sub-totals may not add up due to rounding. 

Consolidated balance sheet of the Eurosystem as at 31 December 2018 

C 1 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                    
 
LIABILITIES 

31 December  
2018 

31 December  
2017 

1  Banknotes in circulation 

1,231,134 

1,170,716 

2  Liabilities to euro area credit institutions related to monetary policy 

operations denominated in euro 

2.1  Current accounts (covering the minimum reserve system) 

2.2  Deposit facility 

2.3  Fixed-term deposits 

2.4  Fine-tuning reverse operations 

2.5  Deposits related to margin calls 

1,853,802 

1,230,153 

623,531 

0 

0 

118 

1,881,596 

1,185,792 

695,801 

0 

0 

2 

3  Other liabilities to euro area credit institutions denominated in euro 

19,759 

20,984 

4  Debt certificates issued 

0 

0 

5  Liabilities to other euro area residents denominated in euro 

5.1  General government 

5.2  Other liabilities 

338,668 

216,040 

122,629 

286,395 

168,947 

117,449 

6  Liabilities to non-euro area residents denominated in euro 

459,332 

355,900 

7  Liabilities to euro area residents denominated in foreign currency 

4,331 

3,831 

8  Liabilities to non-euro area residents denominated in foreign 

currency 

8.1  Deposits, balances and other liabilities 

8.2  Liabilities arising from the credit facility under ERM II 

11,016 

11,016 

0 

11,254 

11,254 

0 

9  Counterpart of special drawing rights allocated by the IMF 

56,510 

55,218 

10  Other liabilities 

247,138 

221,187 

11  Revaluation accounts 

376,082 

357,862 

12  Capital and reserves 

104,960 

102,667 

Total liabilities 

4,702,733 

4,467,611 

© European Central Bank, 2019 

Postal address 
Telephone 
Website 

60640 Frankfurt am Main, Germany 
+49 69 1344 0 
www.ecb.europa.eu 

All rights reserved. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged. 

ISSN  
ISBN  
DOI 
EU catalogue No 

2443-5015 (pdf) 
978-92-899-3638-5 (pdf) 
10.2866/817961 (pdf) 
QB-BT-19-001-EN-N (pdf) 

Consolidated balance sheet of the Eurosystem as at 31 December 2018 

C 2