ECB Balance sheet Figure 7. 3200 TOTAL ASSETS SELECTED LIABILITIES 2800(billion euros) 3000 (billion euros) 1200 Deposit Facility Euro Area Credi 1000 2600 6/17 Institutions 2200 000 2008120o012010120112012l203120141201s12016 20081200gl2010l2011l2012l20131201412051201612017 6/17 ding to Euro Area Euro Area 1150 dit Institutions in euro 000 350 2008120091201012011120121201312014120151201612017 200812009120102011201212013120141201512016120170 Residents of Euro Ar Bank notes 1000 1000 500 2008120091201012011120121201312014120151201612017 20081200120101201120121201312014120151201612017/600 Reserves Gold Miscellaneous 00 Liabilities 6/17 Residents in Foreign Currency 400 2008120091201012011120121201312014120151201612017 2008120091201012011120121201312014120151201612017 Total liabilities minus sum of lending to euro area credit institutions in euro liabilities to other euro area residents in euro, and bank notes in circulation Source: European Central Bank Page 6/June 22, 2016/Global Economic Briefing: Central Bank Balance Sheets Yardeni research www.yard IncFigure 7. 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1200 1400 1600 1800 2000 2200 2400 2600 2800 3000 3200 TOTAL ASSETS 6/17 (billion euros) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 200 400 600 800 1000 1200 1400 6/17 SELECTED LIABILITIES (billion euros) Euro Area Credit Institutions in Euro Deposit Facility 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 350 450 550 650 750 850 950 1050 1150 1250 1350 6/17 Lending to Euro Area Credit Institutions in Euro 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 40 60 80 100 120 140 160 180 200 220 240 260 280 300 6/17 Liabilities to Other Euro Area Residents in Euro 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 500 1000 1500 2000 6/17 Securities of Euro Area Residents in Euro General Govt Debt Denominated in Euro 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 600 800 1000 1200 6/17 Bank Notes in Circulation 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 200 400 600 800 6/17 Claims on Euro Area Residents in Foreign Currency Foreign Reserves Including Gold Source: European Central Bank. * Total liabilities minus sum of lending to euro area credit institutions in euro, liabilities to other euro area residents in euro, and bank notes in circulation. 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 400 500 600 700 800 900 1000 1100 6/17 Miscellaneous Liabilities* yardeni.com ECB Balance Sheet Page 6 / June 22, 2016 / Global Economic Briefing: Central Bank Balance Sheets www.yardeni.com Yardeni Research, Inc