Over one month reserve money went up by LTL 113.0 million, of which commercial bank balances on correspondent accounts and required reserves in foreign currencies increased by LTL 139.0 million and LTL 27.4 million, respectively, and currency in
Over one month reserve money went up by LTL 113.0 million, of which commercial bank balances on correspondent accounts and required reserves in foreign currencies increased by LTL 139.0 million and LTL 27.4 million, respectively, and currency in circulation declined by LTL 53.7 million.
Foreign assets and central government deposits went up in March by LTL 724.0 million and LTL 601.3 million, respectively. The main reason for the increase was the transfer of part of funds to central government accounts at the Bank of Lithuania from the EUR 600 million ten-year Eurobond placement in international markets.
Balance Sheet of the Bank of Lithuania| (LTL million, end-of-period) |
| 02/2004 | 03/2004 | Change | ||
| LTL million | % | |||
| FOREIGN ASSETS | 9,001.9 | 9,726.0 | 724.0 | 8.0 |
| CLAIMS ON CENTRAL GOVERNMENT | 5.4 | 5.4 | - | - |
| CLAIMS ON PRIVATE SECTOR | 9.7 | 10.0 | 0.3 | 2.7 |
| CLAIMS ON DEPOSIT MONEY BANKS | 9.9 | 9.9 | -0.0 | -0.2 |
| CLAIMS ON NONBANK FINANCIAL INSTITUTIONS | - | - | - | - |
| OTHER ASSETS | 213.2 | 199.4 | -13.7 | -6.4 |
| TOTAL ASSETS | 9,240.2 | 9,950.7 | 710.5 | 7.7 |
| RESERVE MONEY | 6,102.2 | 6,215.3 | 113.0 | 1.9 |
| o/w currency outside the CB | 5,032.6 | 4,978.8 | -53.7 | -1.1 |
| FOREIGN LIABILITIES | 155.6 | 159.3 | 3.7 | 2.4 |
| CENTRAL GOVERNMENT DEPOSITS | 2,164.3 | 2,765.5 | 601.3 | 27.8 |
| COUNTERPART FUNDS | 29.0 | 29.1 | 0.1 | 0.3 |
| CAPITAL ACCOUNTS | 770.3 | 762.1 | -8.2 | -1.1 |
| OTHER LIABILITIES | 18.7 | 19.4 | 0.7 | 3.6 |
| TOTAL LIABILITIES | 9,240.2 | 9,950.7 | 710.5 | 7.7 |
Memo Items
| (LTL million, end-of-period) |
| 02/2004 | 03/2004 | Change | ||
| LTL million | % | |||
| The IMF loans to the Bank of Lithuania | - | - | - | - |
| The IMF loans to the Ministry of Finance | 119.4 | 116.7 | -2.7 | -2.3 |
Notes:
1. RESERVE MONEY includes currency in circulation, deposit money banks’ reserves and demand deposits of other sectors (excluding central government).
2. OTHER LIABILITIES include unclassified liabilities and other liabilities to non-government sectors outside reserve money definition.