Interim Report as at 30 September 2021

In the first 9 month of 2021 EAA has made further progress in implementing its wind-up mission.

The first nine months of the 2021 fiscal year went well for the EAA in operational terms. The portfolio of loans and securities declined by EUR 1.8 billion to EUR 10.9 billion by 30 September 2021. The trading portfolio decreased in the same period by EUR 22.1 billion to EUR 72.5 billion in notional terms. By selling another Italian bond in the third quarter of 2021, the EAA’s concentration risk has significantly been reduced.