EURm2a

EURm2a refers to a monetary aggregate series associated with the euro area, used in some statistical releases to denote a variant or version of the M2 money supply measure. The exact definition and components of EURm2a can vary by data source, so it is important to consult the metadata of the specific dataset to understand what is included or excluded in that series.

In general, M2 is a broad measure of money that expands on the narrow money concept by adding certain types of deposits and near-money assets to currency in circulation. A variant labeled as “a” (as in EURm2a) often represents an adjusted or versioned definition intended for comparability or methodological reasons. The composition may include combinations such as currency in circulation, overnight deposits, savings deposits, and short-term time deposits, but the precise set of instruments can differ between sources. Some definitions may exclude or include elements like money market funds, repurchase agreements, or certain wholesale deposits.

Calculation and data sources for EURm2a are typically provided by the European Central Bank (ECB) or national central banks within the euro area, and are released through statistical databases and macroeconomic reports. The series is used to analyze liquidity conditions, monetary policy transmission, and cross-country liquidity comparisons, though interpretations should rely on the accompanying methodological notes.

Because EURm2a is not universally standardized across all sources, researchers should verify the specific definition, scope, and timing in the metadata before use. See also M1, M2, M3, and euro area monetary aggregates.