Banque de France assets: participating interest in the ECB
Banque de France assets: participating interest in the ECB stood at 1,777.01 EUR million in Aug 2026, according to ECB Data Portal – Internal liquidity management and TARGET balances (ILM), France. It is one of the indicators in the Banque de France balance sheet table (Value · Monthly), with a complete series running from Jun 2016 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Banque de France balance sheet table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Intra-Eurosystem claims | 61,960.57 | 62,922.83 | 63,553.85 | 63,306.63 | 63,850.09 | 64,796.71 | 64,666.8 | 65,225.16 | 66,527.94 | 68,845.43 | |
| Participating interest in the ECB | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | 1,777.01 | |
| Claims equivalent to the transfer of foreign reserves | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 | 8,114.32 |
Understanding banque de France assets: participating interest in the ECB
Capital contributions and ownership shares held in the central monetary institution of the currency union are captured within this entry. The balance reflects the assigned capital key corresponding to the national central bank's share in the broader monetary authority. Excluded from this line are foreign currency reserves transferred to the supranational level, monetary policy receivables, and claims arising from TARGET settlement mechanisms.
Movements in this series occur infrequently, typically reflecting adjustments to capital keys rather than routine financial transactions or market operations. Seasonality is absent from this metric. Researchers examining capital structures across the monetary union utilize this item to assess institutional weightings, though comparisons with operational lending or currency issuance figures require recognizing that capital shares remain largely static over long periods.
Frequently asked questions
- What does the participating interest in the ECB represent?
- It accounts for the capital contribution and ownership share held in the supranational monetary institution.
- How often does this participating interest value change?
- Adjustments happen rarely, usually corresponding to updates in the capital key assigned across national central banks.
- Are TARGET balances included in this participating interest line?
- No, cross-border payment imbalances are tracked under separate intra-system liabilities or claims.