The Riksbank transfers SEK 6.2 billion to the Treasury

DATE 14/02/2011

The General Council of the Riksbank has, in accordance with the Sveriges Riksbank Act, presented a proposal to the Riksdag (the Swedish parliament) for the allocation of the Riksbank’s profit for the financial year 2010. The General Council has proposed that SEK 6.28 billion be transferred to the Treasury.


The amount of the proposal has been calculated in accordance with the guidelines applied for the transfer of the Riksbank's profit since 1988. Under these guidelines, 80 per cent of the average profit over the past five years – following certain adjustments – is transferred to the Treasury.


A detailed account of the calculation of the allocation of profit is presented in the Riksbank's submission to the Riksdag 2010/11:RB2, Förslag till disposition av Riksbankens vinst för räkenskapsåret 2010 samt riksbanksfullmäktiges verksamhetsberättelse 2010 (Proposal for the allocation of the Riksbank's profit for the financial year 2010 and the General Council's Annual Report 2010, available in Swedish only).

DOCUMENTATION
 
Press release: The Riksbank transfers SEK 6.2 billion to the Treasury | PDF icon 119 Kb
Submission to the Riksdag 2010/11:RB2 Proposal for the allocation of the Riksbank's profit for the financial year 2010 and the General Council's Annual Report 2010, available in Swedish only | PDF icon 250 Kb
Economic Commentary: The Riksbank’s dividend in the past | PDF icon 209 Kb

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CONTACT INFO
Johan Gernandt, Chairman General Council, tel. +46 70 714 31 78 and Leif Pagrotsky, Vice Chairman General Council, tel. +46 8 786 63 15

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14/02/2011