European Money Supply: Difference between revisions

no edit summary
No edit summary
No edit summary
 
Line 9: Line 9:
== Developments ==
== Developments ==


=== Components of M3 ===
{| class="wikitable"
!Components  of M3<ref name=":0" />
!Aug 2023
(millions)
|-
|'''M1'''
|'''10,551'''
|-
|Currency  in circulation
|1,534
|-
|Overnight  deposits
|9,018
|-
|'''M2 - M1  (other short-term deposits)'''
|'''4,482'''
|-
|Deposits  with an agreed maturity of up to 2 years
|1,981
|-
|Deposits  redeemable at notice of up to 3 months
|2,501
|-
|'''M3 - M2  (marketable instruments)'''
|'''903'''
|-
|Repurchase  agreements
|121
|-
|Money  market fund shares
|696
|-
|Debt  securities with maturity of up to 2 years
|86
|}
[[File:ECB Data Portal 20230927112859.png|center|thumb|833x833px|<ref>https://data.ecb.europa.eu/data/datasets/BSI/BSI.M.U2.Y.V.M30.X.1.U2.2300.Z01.E</ref>]]
[[File:ECB Data Portal 20230927112859.png|center|thumb|833x833px|<ref>https://data.ecb.europa.eu/data/datasets/BSI/BSI.M.U2.Y.V.M30.X.1.U2.2300.Z01.E</ref>]]
'''Annual growth rate'''
'''Annual growth rate'''
Line 217: Line 181:
|}
|}


=== '''Counterparts of M3''' ===
=== Components of M3 ===
{| class="wikitable"
!Components  of M3<ref name=":0" />
!Aug 2023
(millions)
|-
|'''M1'''
|'''10,551'''
|-
|Currency  in circulation
|1,534
|-
|Overnight  deposits
|9,018
|-
|'''M2 - M1  (other short-term deposits)'''
|'''4,482'''
|-
|Deposits  with an agreed maturity of up to 2 years
|1,981
|-
|Deposits  redeemable at notice of up to 3 months
|2,501
|-
|'''M3 - M2  (marketable instruments)'''
|'''903'''
|-
|Repurchase  agreements
|121
|-
|Money  market fund shares
|696
|-
|Debt  securities with maturity of up to 2 years
|86
|}
=== Counterparts of M3 ===
[[File:Ecb.md2308.en img1.png|center|thumb|620x620px|alt=|Contribution of the M3 counterparts to the annual growth rate of M3<ref>https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2308~af0185147b.en.html</ref>]]
[[File:Ecb.md2308.en img1.png|center|thumb|620x620px|alt=|Contribution of the M3 counterparts to the annual growth rate of M3<ref>https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2308~af0185147b.en.html</ref>]]
{| class="wikitable"
{| class="wikitable"