Sveriges Riksbank

01/13/2021 | Press release | Distributed by Public on 01/13/2021 02:39

The Riksbank begins transition to a fully self-financed foreign exchange reserve

The foreign exchange reserve is currently financed in two different ways: partly through the Riksbank's own financing, which comprises of equity, banknotes and coins issued and deposits from the banks, and partly through loans in foreign currency on the international capital market via the Swedish National Debt Office. In an international perspective, it is unusual for central banks to finance a large share of the foreign exchange reserve by borrowing foreign currency.