CONSOLIDATED MFI BALANCE SHEET

This is obtained by netting out inter-MFI positions (e.g. inter-MFI loans and deposits) on the aggregated MFI balance sheet. It provides statistical information on the MFI sector's assets and liabilities vis-à-vis residents of the euro area not belonging to this sector (i.e. general government and other euro area residents) and vis-à-vis non-euro area residents. This consolidated balance sheet is the main statistical source for the calculation of monetary aggregates and it provides the basis for the regular analysis of the counterparts of M3.