Holdings by euro area residents of liquid assets denominated denominated assets .

Holdings by euro area residents of liquid assets denominated in foreign currencies can be close substitutes for euro denominated assets .

Balance Sheet as at 31 December 1997 ECU Assets 1997 I EMS related assets Holdings of gold Holdings of US dollars 26,228,410,973 38,791,623,886 65,020,034,859 II Other assets ( 1 ) ( 2 ) ( 3 ) ( 4 ) Cash and bank sight accounts Time deposits Tangible assets Other assets 24,164,570 597,499,982 24,750,972 2,345,761 11,013,442 628,044,375 7,815,279 841,986 27,816,645,173 31,710,534,867 59,527,180,040 1996

The holdings on special revaluation accounts for gold , for currencies and for securities shall be reduced pro rata in the event of a reduction in the holdings of the relevant assets .

Though the Fed has stopped purchasing new assets, it has shown no inclination to scale back its outsize holdings.

Reserve holdings of dollar assets (primarily by central banks) were worth around 2 of US GDP in 1948 and about the same in 1968.

real time gross settlement ( RTGS ) account holdings of the EU central banks not participating in Monetary Union . The residual items ( other assets minus other liabilities ) showed an increase in net assets of EUR 0.1 billion .

These statistics cover the aggregate financial assets and liabilities , in terms of stocks , high quality flows for loans and also improved flows for holdings of securities .

External assets held by euro area MFIs mainly include gold , holdings of non euro banknotes , holdings of securities issued by non euro area residents and loans granted to non euro area residents ( including deposits held with banks resident outside the euro area ) .

These exceptional developments have prompted non MFI residents in the euro area to reduce their holdings of relatively risky assets such as shares and increase their demand for relatively liquid and low risk assets included in M3 .

EN Reserve holdings

Investment Holdings Pie

Holdings of reserve assets , including gold holdings , should be valued in the international investment position using closing mid market prices at the end of the appropriate periods and converted into euro using the closing mid market exchange rates prevailing on the last day of the reference period

Holdings of reserve assets , including gold holdings , should be valued in the international investment position using closing mid market prices at the end of the appropriate periods and converted into euro using the closing mid market exchange rates prevailing on the last day of the reference period

In particular , it contributes to the assessment of the Member States external vulnerability and to monitoring the developments in holdings of liquid assets abroad by the money holding sector .

Holdings of foreign exchange assets ( total of all currencies , in millions of euro equivalent ) the figure reported shall be the higher of the following ones average of the month , end of the month .

Holdings of foreign exchange assets ( total of all currencies , in millions of euro equivalent ) the figure reported shall be the higher of the following ones average of the month , end of the month .

Assets of a social enterprise working with vulnerable target groups cannot be divested in the same way as holdings in commercial undertakings, due to the delicate nature of the work.

Assets of a social undertaking working with vulnerable target groups cannot be divested in the same way as holdings in commercial undertakings, due to the delicate nature of the work.

Investment Holdings by Account

Investment Holdings by Type

COVERAGE OF CENTRAL GOVERNMENT HOLDINGS OF CASH AND SECURITIES

Defined as holdings of MMP issued by MFIs .

The asset side of the balance sheet is maintained in the aggregate, but the management of the assets, particularly the diversification of holdings, can be thought of as prudent and de facto privatized.

Reserve holdings counterparties holdings on their reserve accounts which serve to fulfil reserve requirements .

The Fed simply failed to comprehend the significance of traditional banks large holdings of mark to market assets and their own engagement in shadow banking via off balance sheet structured investment vehicles.

In addition , there are indications that former holdings of currency may to a large extent have been shifted into holdings of overnight deposits .

Article 6 Reserve holdings 1 .

However , unrealised exchange rate and market price revaluation gains on the ECB 's holdings of foreign currency assets and gold are not recognised as profit , but transferred directly to revaluation accounts .

However , unrealised exchange rate and market price revaluation gains on the ECB 's holdings of foreign currency assets and gold are not recognised as profit , but transferred directly to revaluation accounts .

Interest on ECU holdings arising out of swaps only becomes due where a central bank 's holdings exceed its forward ECU liabilities

Better management of China s considerable public assets which include 3.5 4 trillion of foreign exchange reserves, substantial land holdings, and majority ownership of the state owned enterprises that dominate the economy would complement these efforts.

This loss was again due primarily to the evolution of exchange rates , which adversely affected the value , expressed in euro , of the bank 's holdings of assets denominated in foreign currencies , principally the US dollar .

On the assets side of the balance sheet , holdings of securities may be recorded using market price , purchase price , the lower of market or purchase price or redemption value in accordance with standard accounting practice .

There may be many reasons why the reallocation of portfolio holdings towards the euro area has occurred since the launch of the euro , e.g. the elimination of the exchange rate risk among euro area countries , the elimination of technical trading barriers , the diversification benefits arising from holding a variety of foreign assets and the fact that international holdings of euro area assets in 1998 may have already been below optimal levels as indicated by economic principles .

( b ) Special drawing rights Holdings of special drawing rights ( gross )

Holdings of currency should also be included under this item .

Total debt, net of BOJ holdings, is therefore falling slowly.

On the assets side of the balance sheet , holdings of securities may be recorded using market price , purchase price , the lower of market or purchase price or redemption value in accordance with standard accounting practice . 12 .

Moreover , all major regions of the world , and Denmark , Sweden and the United Kingdom , increased their holdings of euro area assets ( as a share of their international portfolio ) over this period , but by a smaller extent .

Article 9 Notification of the acquisition or disposal of major holdings 1 .

Chart 5 Holdings of euro area portfolio assets relative to total international portfolio holdings , 1997 2006 ( percentages ) 1997 2001 2002 2003 60 50 40 30 20 10 0 Euro area ( equities ) Denmark , Sweden , UK ( equities ) Euro area ( bonds ) Denmark , Sweden , UK ( bonds ) 2004 2005 2006 60 50 40 30 20 10 0

Holdings of securities other than shares issued by euro area residents

average daily holdings of required reserves for the maintenance period t

This loss was due primarily to the evolution of exchange rates , which adversely affected the value , expressed in euro , of the bank 's holdings of US dollar denominated assets , but also to lower domestic and foreign interest rates .