History of PSPP and public sector PEPP securities lending aggregate monthly average balances*,,,,,
Monthly average," On-loan balance of securities, lent by the Eurosystem "," Of that, lent against securities collateral "," Of that, lent against cash collateral** ",,
Jun-15,0.7,0.7,,,
Jul-15,0.9,0.9,,,
Aug-15,0.5,0.5,,,
Sep-15,0.6,0.6,,,
Oct-15,0.8,0.8,,,
Nov-15,1.4,1.4,,,
Dec-15,2.7,2.7,,,
Jan-16,2.9,2.9,,,
Feb-16,3.1,3.1,,,
Mar-16,4.1,4.1,,,
Apr-16,5.1,5.1,,,
May-16,6.5,6.5,,,
Jun-16,7.6,7.6,,,
Jul-16,8.1,8.1,,,
Aug-16,10.3,10.3,,,
Sep-16,12.2,12.2,,,
Oct-16,14.7,14.7,,,
Nov-16,18.5,18.5,,,
Dec-16,24.8,21.1,3.6,,
Jan-17,34.5,23.5,11,,
Feb-17,38.4,26.7,11.7,,
Mar-17,47.4,29.7,17.6,,
Apr-17,52.8,35.1,17.7,,
May-17,48.2,34.9,13.3,,
Jun-17,50.5,38,12.6,,
Jul-17,53.9,41.1,12.8,,
Aug-17,56.9,44.5,12.4,,
Sep-17,60.1,45.3,14.8,,
Oct-17,56.3,43.7,12.6,,
Nov-17,54,42.6,11.5,,
Dec-17,68,46.9,21.1,,
Jan-18,65.7,47.1,18.6,,
Feb-18,63.1,46.9,16.2,,
Mar-18,68,48.5,19.5,,
Apr-18,64.6,48.9,15.7,,
May-18,61.4,51.5,9.9,,
Jun-18,65.4,53.9,11.5,,
Jul-18,55.7,48.2,7.5,,
Aug-18,50.9,45.7,5.3,,
Sep-18,55.5,49.9,5.6,,
Oct-18,53.9,49.2,4.7,,
Nov-18,51.2,47.5,3.7,,
Dec-18,59,49.5,9.5,,
Jan-19,55.9,47.8,8.1,,
Feb-19,48.2,44.4,3.8,,
Mar-19,47.5,44,3.5,,
Apr-19,40.6,38.5,2.2,,
May-19,39,37.5,1.5,,
Jun-19,44.4,42.3,2,,
Jul-19,37.2,36,1.2,,
Aug-19,36.2,35.1,1.2,,
Sep-19,37.5,36.2,1.3,,
Oct-19,31.4,30.4,1,,
Nov-19,30.1,29.2,0.9,,
Dec-19,36.4,33.9,2.5,,
Jan-20,34.1,32.6,1.5,,
Feb-20,27.5,26.7,0.8,,
Mar-20,33.1,31.6,1.5,,
Apr-20,36.2,34.6,1.6,,
May-20,34.7,33.2,1.5,,
Jun-20,36.8,35.3,1.5,,
Jul-20,36,35.1,0.9,,
Aug-20,36.9,35.9,1,,
Sep-20,39.1,38,1.1,,
Oct-20,40.3,39.1,1.1,,
Nov-20,52.7,51.6,1.1,,
Dec-20,66,57.6,8.3,,
Jan-21,63.5,55.9,7.6,,
Feb-21,57.6,52.6,5,,
Mar-21,68,55.1,12.9,,
Apr-21,68.2,56,12.2,,
May-21,69,57.3,11.8,,
Jun-21,80.2,60.6,19.6,,
Jul-21,74.8,57.7,17.1,,
Aug-21,75,59.5,15.5,,
Sep-21,75.6,60.1,15.5,,
Oct-21,73.4,55,18.4,,
Nov-21,86.3,56.5,29.9,,
Dec-21,110.8,63,47.8,,
Jan-22,114.3,61.3,53,,
Feb-22,109,56.5,52.5,,
Mar-22,109.6,56.2,53.4,,
Apr-22,97.8,51.4,46.5,,
May-22,93.1,50.4,42.7,,
Jun-22,99.3,53.6,45.7,,
Jul-22,105.3,53.2,52.1,,
Aug-22,105.5,51,54.6,,
Sep-22,123.8,55.5,68.3,,
Oct-22,118,51,67,,
Nov-22,100.1,49.9,50.2,,
Dec-22,110.5,54.2,56.2,,
Jan-23,107.6,55.5,52.1,,
Feb-23,83.3,52.4,30.9,,
Mar-23,89.8,58.2,31.5,,
Apr-23,96.8,64,32.7,,
May-23,105.4,69.6,35.8,,
Jun-23,106.1,73.4,32.7,,
Jul-23,98.5,71.6,26.9,,
Aug-23,92.1,72.5,19.7,,
Sep-23,91.8,72.1,19.8,,
Oct-23,86.1,70.7,15.3,,
Nov-23,87.1,73.6,13.5,,
Dec-23,97.5,81.5,16,,
Jan-24,94.2,80.5,13.7,,
Feb-24,85.1,74.7,10.4,,
Mar-24,90.3,79.3,10.9,,
Apr-24,84.2,74,10.2,,
May-24,80.2,70.9,9.4,,
Jun-24,82.6,73.5,9.1,,
Jul-24,80.1,71.5,8.6,,
Aug-24,78.1,70.7,7.4,,
Sep-24,76.1,70.7,5.4,,
Oct-24,79.5,73.4,6.1,,
Nov-24,85.3,79.3,6,,
Dec-24,86.3,80.3,6,,
Jan-25,81,74.5,6.5,,
Feb-25,75.5,70.7,4.9,, 
Mar-25,73.3,69.2,4.1,,
"*EUR bn, market value, average balance during the month, includes securities lending of holdings under the Securities Markets Programme (SMP).",,,,,
**The Eurosystem introduced the option of also accepting cash as collateral in its PSPP securities lending on 15 December 2016.,,,,,
Figures are preliminary and may be subject to revision. Figures may not add up due to rounding.,,,,,