The Sveriges Riksbank should start reducing its balance sheet to avoid risks derived from eventual higher rates on its bond holdings, deputy governor Martin Flodén said in a speech to the Swedish House of Finance today (April 13).
Before the financial crisis of 2007–09, the Swedish central bank had a balance sheet of Sfr200 billion, or approximately $23.7 billion. The bond-buying programme the Riksbank implemented to provide liquidity and foster growth has increased its balance sheet to Sfr870
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