SPEU - How The ECB's Mark-To-Market Of Its Gold Holdings To Euro1 Trillion And Euro3.1 Trillion In QT Affect Its Balance Sheet
2025-05-29 12:09:00 ET
Summary
- At the end of Q1, the ECB wrote up its gold holdings by another €130 billion to €1.00 trillion.
- The ECB has now shed €2.17 trillion of its loans, with just €24 billion left on its balance sheet, below where they’d been in 2004.
- Shedding €3.09 trillion ($3.49 trillion) in QE assets puts the ECB way ahead of the Fed, which has shed $2.26 trillion in assets under its QT program so far.
Under QT, the ECB shed €3.1 trillion in bonds and loans. Separately, it wrote up its gold assets by €409 billion, or by 68%, to reflect soaring gold prices. ...
How The ECB's Mark-To-Market Of Its Gold Holdings To €1 Trillion And €3.1 Trillion In QT Affect Its Balance Sheet