Consolidated financial statement of the Eurosystem as at 19 December 2025

Consolidated financial statement of the Eurosystem

19 December 2025

Assets (EUR millions)			Balance	Difference compared with last week due to transactions
Totals/sub-totals may not add up, due to rounding
1	Gold and gold receivables		1,128,573	0
2	Claims on non-euro area residents denominated in foreign currency		502,108	1,801
	2.1	Receivables from the IMF	224,801	142
	2.2	Balances with banks and security investments, external loans and other external assets	277,307	1,659
3	Claims on euro area residents denominated in foreign currency		17,548	−1,506
4	Claims on non-euro area residents denominated in euro		29,977	−362
	4.1	Balances with banks, security investments and loans	29,977	−362
	4.2	Claims arising from the credit facility under ERM II	0	0
5	Lending to euro area credit institutions related to monetary policy operations denominated in euro		25,322	6,176
	5.1	Main refinancing operations	14,159	6,175
	5.2	Longer-term refinancing operations	11,162	0
	5.3	Fine-tuning reverse operations	0	0
	5.4	Structural reverse operations	0	0
	5.5	Marginal lending facility	1	1
	5.6	Credits related to margin calls	0	0
6	Other claims on euro area credit institutions denominated in euro		24,013	1,139
7	Securities of euro area residents denominated in euro		4,070,328	−2,498
	7.1	Securities held for monetary policy purposes	3,751,628	−3,556
	7.2	Other securities	318,701	1,058
8	General government debt denominated in euro		20,169	−2
9	Other assets		316,767	841
Total assets			6,134,804	5,590

Liabilities (EUR millions)			Balance	Difference compared with last week due to transactions
Totals/sub-totals may not add up, due to rounding
1	Banknotes in circulation		1,612,102	7,135
2	Liabilities to euro area credit institutions related to monetary policy operations denominated in euro		2,630,370	468
	2.1	Current accounts (covering the minimum reserve system)	199,171	34,576
	2.2	Deposit facility	2,431,199	−34,108
	2.3	Fixed-term deposits	0	0
	2.4	Fine-tuning reverse operations	0	0
	2.5	Deposits related to margin calls	0	0
3	Other liabilities to euro area credit institutions denominated in euro		12,663	663
4	Debt certificates issued		0	0
5	Liabilities to other euro area residents denominated in euro		188,657	−14,575
	5.1	General government	82,975	−22,210
	5.2	Other liabilities	105,683	7,635
6	Liabilities to non-euro area residents denominated in euro		162,083	11,342
7	Liabilities to euro area residents denominated in foreign currency		16,820	−369
8	Liabilities to non-euro area residents denominated in foreign currency		2,681	−2
	8.1	Deposits, balances and other liabilities	2,681	−2
	8.2	Liabilities arising from the credit facility under ERM II	0	0
9	Counterpart of special drawing rights allocated by the IMF		170,145	0
10	Other liabilities		202,376	929
11	Revaluation accounts		1,099,971	0
12	Capital and reserves		36,934	0
Total liabilities			6,134,804	5,590