: International Monetary Fund. Statistics Dept.
International Monetary Fund
: 21.95 MB
The remaining 92 percent is allocated among the NCBs on a monthly basis,
whereby each NCB of the Eurosystem records “banknotes
issued” on its balance
sheet in proportion to its share in the ECBs capital. In the ECB Decision, this
allocation procedure is referred to as the banknote
allocation key. The allocations
are revised each time a new country joins the euro area. The euro coins are
issued by the central government of each euro area country, so that the total
issuance of coins ...