The Europäische Zentralbank (ECB) published the Eurosystem’s consolidated financial statement on 7 October 2026, as at 2 October 2026. The statement is shaped by the regular quarterly revaluations of gold and foreign currency holdings; weekly movements in key balance sheet items were small.
Among the reported items, gold and gold receivables rose by 53.4 million euros as a result of the revaluation. The net foreign currency position stood at 350.3 billion euros, down 0.1 million euros on the previous week. The net position arising from open market operations and standing facilities improved by 5.9 million euros to minus 1,921.6 million euros. Base money fell by 3.2 million euros to 3,922.4 billion euros.
In its table of monetary policy portfolios, the ECB reports holdings as at 2 October 2026. Their book values are: the public sector purchase programme (PSPP) 1,654.8 billion euros, the pandemic emergency purchase programme (PEPP) 1,275.4 billion euros, the third covered bond purchase programme (CBPP3) 185.6 billion euros and the corporate sector purchase programme (CSPP) 213.5 billion euros. Weekly changes are largely due to amortisation, minor adjustments and the separate recording of revaluations.
For the quarterly revaluation, the ECB gives the following valuation figures: Gold price 3,688.860 euros per troy ounce, US dollarexchange rate of 1.1355 per euro, Japanese yen 178.27 per euro, Chinese renminbi 7.6130 per euro, and the exchange rate of the Special Drawing Right at 1.1973 euros per SDR. These parameters were used in the market valuations of the relevant balance sheet items.
The reported changes are small in quantitative terms and mainly reflect market-driven revaluations and scheduled redemptions in the monetary policy portfolios. The weekly statement is a standard tool for providing a timely picture of the Eurosystem’s balance sheet. It does not change the ECB’s monetary policy stance or the instruments it uses, but provides an up-to-date snapshot of balance sheet developments as at 2 October 2026. The statement does not attribute any effects to interest rates or liquidity management; monetary policy assessments remain the responsibility of the regular decisions of the ECB Governing Council.
Editor: Daniel Mayer (Article created with AI assistance).