U.S. dollar liquidity-providing operations from 1 September 2020
2020-08-21
In view of continuing improvements in U.S. dollar funding conditions and the low demand at recent 7-day maturity U.S. dollar liquidity-providing operations, the Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank, in consultation with the Federal Reserve, have jointly decided to further reduce the frequency of their 7-day operations from three times per week to once per week.
Swiss balance of payments and international investment position: Q2 2020
2020-09-23
In the second quarter of 2020, the current account surplus amounted to CHF 10 billion; in the same quarter of 2019 it was CHF 21 billion. This decline was principally due to lower receipts from direct investment abroad. While the goods trade balance and the services trade balance changed only marginally, there was a significant decrease in receipts and expenses.
2020-10-30 – Swiss Financial Accounts: quarterly data published for first time
2020-10-30
The Swiss National Bank is expanding its data offering with respect to Switzerland’s financial accounts. It will now publish quarterly as well as annual data, and the time to publication will be shortened from ten to four months.
SNB Profit in Q1 to Q3 2020: CHF 15.1 billion Despite Covid19
2020-10-31
The Swiss National Bank reports a profit of CHF 15.1 billion for the first three quarters of 2020. We explain why these profits are possible.
Romeo Lacher and Christoph Mäder nominated for election to the SNB Bank Council
2020-11-03
At its meeting today, the Bank Council of the Swiss National Bank decided to propose to the General Meeting of Shareholders of 30 April 2021 that Romeo Lacher and Christoph Mäder be elected to the SNB Bank Council for the remainder of the 2020–2024 term of office. Romeo Lacher is Chairman of the Board of Directors of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd.
Issuance calendar for Confederation bonds and money market debt register claims in 2021
2020-12-02
The Swiss National Bank (SNB) and the Federal Finance Administration (FFA) advise as follows:
Monetary policy assessment of 17 December 2020
2020-12-18
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.
2021-01-08 – Swiss National Bank expects annual profit of around CHF 21 billion for 2020
2021-01-08
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.