The Central Bank’s (BDL’s) balance sheet started the year with a 0.43% year-to-date (y-t-d) uptick in its total assets which stood at $141.96B by the mid-Jan of 2020. In details, BDL foreign assets (constituting 26.04% of total assets) recorded a y-t-d decline by 0.82% (305M) to reach $36.97B by mid-Jan 2020. In fact, this can be related to the fact that the Central Bank is using the foreign assets to cover the imports of essential goods, including fuel, wheat and medicine
Meanwhile, BDL’s Securities portfolio (26.80% of total assets) added 0.5% y-t-d to settle at $38.04B by mid-Jan 2020. In their turn, Loans to the local financial sector (10.57% of total assets) witnessed a drop by 0.55% to $14.86B by mid-Jan 2020. As for Gold assets (10.08% of total assets), they recorded a y-t-d increase of 2.70%, to stand at $14.31B. In details, Gold prices rose by 2.69% since the start of the year to $1,556/ounce by Jan.15, 2020.
On the liabilities side, Financial Sector Deposits (78.99% of BDL’s total liabilities) increased since the start of year by 0.10% to settle at $112.13B in mid- Jan 2020 while, Public sector deposits (3.92% of total liabilities) rose by 2.63% y-t-d to stand at $5.57B over the same period.
BDL Total and Foreign Assets by Mid-Jan