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Articles by SwissNationalBank
2021-01-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.01.2021)6 days ago
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
Swiss National Bank maintains expansionary monetary policy
The coronavirus pandemic is continuing to have a strong adverse effect on the economy. Against this difficult backdrop, the SNB is maintaining its expansionary monetary policy with a view to stabilising economic activity and price developments.
The SNB is keeping the SNB policy rate and interest on sight deposits at the SNB at −0.75%. In light of the highly valued Swiss franc, the SNB remains willing to intervene more strongly in the foreign exchange market. In so doing, it takes the overall exchange rate situation into consideration. Furthermore, it is supplying generous amounts of liquidity to the banking system via the SNB COVID-19 refinancing facility. The SNB’s expansionary monetary policy provides
2020-12-17 – Circular letter – Libor-based floating-rate notes to be excluded from list of collateral eligible for SNB reposDecember 17, 2020
Swiss National Bank (SNB) – Web TV: SNB events
News conference of the Swiss National Bank of 17 December 2020
News conference of 17 December 2020, Zurich, starting at 10.00 am (local time)
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2020-12-17 – Speech – Thomas Jordan, Chairman of the Governing Board: Introductory remarks, news conferenceDecember 17, 2020
2020-12-17 – Speech – Fritz Zurbrügg, Vice Chairman of the Governing Board: Introductory remarks, news conferenceDecember 17, 2020
2020-12-17 – Speech – Andréa M. Maechler, Member of the Governing Board: Introductory remarks, news conferenceDecember 17, 2020
2020-12-15 – SNB Working Papers – (In)Efficiencies of current financial market infrastructures – a call for DLT?December 15, 2020
2020-12-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.12.2020)December 15, 2020
2020-12-08 – SNB Working Papers – Demographics, pension systems, and the current account: an empirical assessment using the IMF current account modelDecember 8, 2020
A Swiss national flag flutters in the wind atop the Swiss National Bank SNB headquarters in Bern, Switzerland April 16, 2015. REUTERS/Ruben Sprich/File Photo – Click to enlarge
Project Helvetia shows the feasibility of two proofs of concept (PoCs), using “near-live” systems to settle digital assets on a distributed ledger with central bank money.
A PoC linking the existing payment system to a distributed ledger and another issuing a wholesale central bank digital currency (CBDC) are compared.
The collaboration sets the stage for further joint experimentation to assess the impact of digital innovation on the future of the financial system.
The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the
The Swiss National Bank (SNB) and the Federal Finance Administration (FFA) advise as follows:
The Federal Finance Administration plans to issue bonds with a face value of CHF 6.5 billion in 2021. Taking account of bonds maturing, the volume of bonds outstanding will increase by CHF 2.4 billion. The volume of outstanding money market debt register claims will rise by approximately CHF 4 billion and will be kept within a range of CHF 12 billion to CHF 18 billion. However, the Confederation’s funding requirements for the coming year are still subject to great uncertainty because of the coronavirus pandemic. Bond auctions take place monthly, except in August, while money market debt register claims are auctioned on a weekly basis.
Based on current planning, funds
2020-12-01 – SNB Working Papers – Short-term determinants of bilateral exchange rates: A decomposition model for the Swiss francDecember 1, 2020
2020-12-01 – Press release – Issuance calendar for Confederation bonds and money market debt register claims in 2021December 1, 2020
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