Riksbank submits proposal to transfer allocation of profit to Treasury

sveriges-riksbank

The General Council of the Riksbank presented a proposal to the Swedish parliament today (February 13) about the allocation of the Riksbank's profit for the financial year 2011. In it, the central bank proposes that Skr7.5 billion ($1.1 billion) be transferred to the Treasury.

The submission is currently only available in Swedish, but it will be published in English on March 30, 2012, jointly with the Riksbank's Annual Report for 2011. The annual report is expected to see a higher profit than

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