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Articles by SwissNationalBank
2021-04-01 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 01.04.2021)13 days ago
Key developments in 2020
The current account surplus in 2020 was CHF 27 billion, down CHF 22 billion on the previous year. This decline was particularly due to the lower receipts surpluses in trade in goods and services. In the case of goods, the decline in receipts – with expenses remaining unchanged – caused the balance to decrease by CHF 11 billion to CHF 64 billion. While both receipts and expenses were substantially lower in the cyclically sensitive goods trade (special trade, total 1), this decline was offset on the expenses side by higher expenses for gold imports. In trade in services, receipts decreased more strongly than expenses, causing the balance to decline by CHF 8 billion to CHF 1 billion.
Current Account 2012-2020 – Click to enlarge
2021-03-22 – Press release – Swiss balance of payments and international investment position: 2020 and Q4 202023 days ago
2021-03-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.03.2021)March 15, 2021
2021-03-10 – SNB Working Papers – The dynamics of bank rates in a negative-rate environment – the Swiss caseMarch 10, 2021
2021-03-04 – SNB Working Papers – Financial inclusion, technology and their impacts on monetary and fiscal policy: theory and evidenceMarch 4, 2021
2021-01-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.01.2021)January 15, 2021
Confederation and cantons to receive distribution of CHF 4 billion
According to provisional calculations, the Swiss National Ban k will report a profit in the order of CHF 21 billion for the 2020 financial year. The profit on foreign currency posi ti ons amounted to CHF 13 billion. A valuation gain of CHF 7 billion was recorded on gold holdings. The net r esult on Swiss franc posit ions amounted to over CHF 1 billion.
The allocation to the provisions for currency reserves will be CHF 6.3 billion. After taking into account the distribution reserve of CHF 84.0 billi on, the net profit will be in the region of CHF 98 billion. This will allow a dividend payment of CHF 15 per share, which corresponds to the legally stipulated maximum amount, as well as a profit