How to read it
Excess liquidity measures the money-market cash surplus that the ECB reports. The distance measure compares it with its past high.
Benchmark · daily · EUR bn
Eurosystem excess liquidity
How much excess liquidity is in the euro money market?
Eurosystem excess liquidity tracks ECB published excess liquidity. It uses daily data.
Eurosystem excess liquidity tracks ECB published excess liquidity. It uses daily data.
- Excess liquidity
- 2152.44EUR bn
- 20-business-day change
- −30.97 EUR bn
- from 2183.41
- One-year change
- −508.64 EUR bn
- from 2661.08
- Historical percentile
- 2nd
- of 683 readings · since 2024-09-27
- Distance from historical high
- -848.14EUR bn
Eurosystem excess liquidity
Excess liquidity
| Series | First | Latest | Min | Max |
|---|---|---|---|---|
| Excess liquidity | 2984.05 | 2152.44 | 2116.79 | 3000.58 |
How this is calculated
ECB published excess liquidityPIER20 calculates this benchmark from official observations from the European Central Bank (ECB). The formula is ECB published excess liquidity. The source table lists each selector and source link.
The latest data is from 10 Aug 2026. The Excess liquidity reading is 2152.44 EUR bn. The Distance from historical high reading is -848.14 EUR bn. The Excess liquidity line is down 19.1% over the past year. It is below its long-run median of 2634.27 EUR bn.
How to read it
How this benchmark is used
Why traders watch it
Money-market traders use this benchmark to track changes in euro liquidity.
Frequently asked questions
4 answersWhat is the latest reading for Eurosystem excess liquidity?
The latest data is from 10 Aug 2026. The Excess liquidity reading is 2152.44 EUR bn. The Distance from historical high reading is -848.14 EUR bn. The Excess liquidity line is down 19.1% over the past year. It is below its long-run median of 2634.27 EUR bn.
How often does this benchmark update?
The source publishes daily data. PIER20 updates the page after each new observation. The chart shows the data date and fetch date.
What data sources does this chart use?
The European Central Bank Data Portal publishes the data. The methodology section lists each source series.
Where does the data come from?
The European Central Bank (ECB) publishes the source data. The source table lists each series and its exact link.