Reserves exposure to non-SDR sovereign debt increases
US Treasuries and gold remain the most prominent asset classes
Sovereign debt issued in currencies that are not part of the special drawing right (SDR) basket saw the highest percentage increase in reserve allocations year on year, data from the Reserve Benchmarks 2026 reveals.
Central Banking has tracked changes in the total proportions of reserves invested in 18 asset classes over the years. The analysis this year shows that non-SDR sovereign debt saw the highest year-on-year growth, in percentage terms. Reserves allocation to the asset rose the most, by
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