10

Cash and cash balances at central banks and other demand deposits

The breakdown of this heading is as follows:

Breakdown of cash, cash balances at central bank and other demand deposits (Millions of euros)

31-12-2019

31-12-2018

31-12-2017

Cash

2,700

2,468

2,177

Cash balances at central banks

11,836

15,783

17,092

Other demand deposits

574

907

886

Total

15,110

19,158

20,155

Cash balances at central banks includes balances held to comply with the mandatory minimum reserves requirement in the central bank based on eligible liabilities. The mandatory reserves earn interest at the rate applicable to all major Eurosystem financing operations.