As a result of the Eurosystem’s open market operations and standing facilities, net lending to credit institutions (asset item 5 minus liability items 2.2, 2.3, 2.4, 2.5 and 4) decreased by EUR 3.3 billion to -EUR 3,105.8 billion. This was due primarily to the change in the level of the deposit facility (liability item 2.2).
Base money (liability items 1, 2.1 and 2.2) fell by EUR 2 billion to EUR 5,222.1 billion.
The change in the revaluation accounts (liability item 11) was due to the finalisation of activities for the
end of the financial year 2023.
