FRANKFURT (MNI) – Total assets on the Swiss National Bank’s balance
sheet grew by CHF89.0 billion over the first half of this year, the SNB
reported on Tuesday.
The strongest jump on the central bank’s balance sheet was seen in
foreign currency investments, which rose by CHF 107.6 billion, due in
large part to foreign currency purchases in 2Q to enforce the CHF/EUR
floor.
Conversely, claims from Swiss franc repo transactions fell to zero
after reaching CHF18.5 billion in the second half of 2011. Claims from
U.S. dollar transactions also dried up from 2H11’s CHF 370.5 million
level, while stabilisation fund investments fell by CHF 1.0 billion.
— Frankfurt bureau: +49 69 720 142; email: frankfurt@marketnews.com —
[TOPICS: M$$CR$,M$X$$$,M$$EC$]
