M3 and its counterparts in the euro area

Description: This table shows the development of the monetary aggregate M3 and its counterparts, broken down by components and counterparts. The figures are seasonally adjusted.

Source: ECB.

Definitions and terms: Monetary financial institution (MFI), monetary aggregate, M3, M3 counterparts, cutting-off-the-tail principle, balance sheet report.

Legal basis: Treaty on European Union, regulations of the Council of the European Union, ECB regulations, ECB guideline, relevant EU directives.

Methodology: Collected monthly, cutting-off-the-tail principle.

Reporting institutions: Euro area MFIs.

Standards and codes: ESA 2010, ISO codes.

Index: Monetary financial institution (MFI), monetary aggregate, M3, counterparts, balance sheet.