2002-08-13
At the end of July 2002, reserve money made up LTL 4,224.1 million. Over a month this indicator contracted by LTL 56.7 million, of which currency outside the central bank grew by LTL 106.8 million. A LTL 182.3 million decrease in reserve money was determined by anchor currency exchange operations with commercial banks, while operations with central government pushed it up by LTL 96.2 million.
Foreign assets and central government deposits declined by LTL 849.5 million and LTL 831.4 million, correspondingly. The reduction of these indicators was mainly caused by the fact that for the redemption of the 1997 bond issue valued at USD 200 million the Government used the funds held in the Bank of Lithuania.
| (LTL million, end-of-period) |
| 06/2002 | 07/2002 | Change | ||
| LTL million | % | |||
| FOREIGN ASSETS | 8,162.1 | 7,312.6 | -849.5 | -10.4 |
| CLAIMS ON CENTRAL GOVERNMENT | 6.8 | 6.8 | ? | ? |
| CLAIMS ON PRIVATE SECTOR | 7.3 | 7.6 | 0.3 | 4.2 |
| CLAIMS ON DEPOSIT MONEY BANKS | 14.1 | 14.1 | -0.0 | -0.1 |
| CLAIMS ON NONBANK FINANCIAL INSTITUTIONS | -? | -? | -? | -? |
| OTHER ASSETS | 251.8 | 251.7 | -0.0 | -0.0 |
| TOTAL ASSETS | 8,441.9 | 7,592.7 | -849.2 | -10.1 |
| RESERVE MONEY | 4,280.8 | 4,224.1 | -56.7 | -1.3 |
| o/w currency outside the CB | 3,489.8 | 3,596.7 | 106.8 | 3.1 |
| FOREIGN LIABILITIES | 405.1 | 400.9 | -4.2 | -1.0 |
| CENTRAL GOVERNMENT DEPOSITS | 3,121.1 | 2,289.7 | -831.4 | -26.6 |
| COUNTERPART FUNDS | 27.8 | 27.8 | ? | ? |
| CAPITAL ACCOUNTS | 578.4 | 590.7 | 12.3 | 2.1 |
| OTHER LIABILITIES | 28.6 | 59.5 | 30.8 | 107.7 |
| TOTAL LIABILITIES | 8,441.9 | 7,592.7 | -849.2 | -10.1 |
Notes:
1. Banking Survey covers the Bank of Lithuania, deposit money banks, branches of foreign banks, credit unions as well as government accounts with IMF. 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.