Reserve Benchmarks 2020: governing members presentation

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Central Banking Institute’s Reserve Benchmarks 2020 were released just in time to make tentative assessments of the Covid-19 pandemic’s early impact on official reserve portfolios worldwide.

Despite concerns about liquidity and volatility, it appears that ultra-loose monetary policies, deployed to offset the worst effects of the pandemic, have renewed efforts to increase returns. This is perhaps reflected in the continued adoption of riskier assets, such as corporate bonds and equities as

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