Trends in reserve management 2021: survey results

Nick Carver

This chapter reports the results of a survey of reserve managers that was conducted by Central Banking Publications in February and March 2021. This survey, which is the 17th in the annual Reserve Management Trends series, was only possible with the support and cooperation of the reserve managers who take part and their central banks. They did so on the condition that neither their names nor those of their central banks would be mentioned in this report.

Summary of key findings

  • In the wake of the Covid-19 pandemic, reserve managers have found the reduction in yields since March 2020 the

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