Funding of this year’s transfer of profits to the Treasury
News The Riksbank is funding this year’s transfer of profits to the Treasury of SEK 3.8 billion in the same way as in recent years: by increasing the supply of Riksbank money with the same amount in the form of Riksbank Certificates and fine-tuning transactions.
The Riksbank has decided that the transfer of this year’s profits to the Treasury of SEK 3.8 billion will be funded by increasing the supply of Riksbank money, which means that the banking system’s surplus with regard to the Riksbank will increase. This means that the monetary policy liability in the form of Riksbank Certificates and fine-tuning transactions will increase by the same amount.
The Riksbank's transfer of profits to the Treasure can be funded in two ways: by increasing the monetary policy liability or by selling Riksbank assets for the corresponding amount. Since 2015 the annual transfers have been funded by increasing the monetary policy liability. The last time the transfer was funded through the sale of assets was in 2014, when funds were taken from the foreign exchange reserves.