Benchmarking - Home
Latest benchmarking
Swap lines with PBoC outnumber those with ECB by factor of three
Benchmark respondent complains of limited access to dollar swaps
Banks compete with official sector for reserve manager market share
External allocations increased modestly, but preferences have been reshuffling
Quarter of central banks adjusted reserves strategy after tariffs
Managers mostly adjusted duration; most change comes from Asia-Pacific
Third parties manage roughly one-sixth of reserves
Compensation for external asset managers takes different forms across jurisdictions
Four-fifths of central banks review strategic asset allocation annually
Approach tends to be more pronounced among smaller reserves holders
Inter-bank working groups
Facilitating connections between central bankers across the globe to promote the exchange of expertise and support collaboration.
Upcoming meetings include: Cyber risk management, social media in communications and upgrading forecast models.
Model banks
Economics Benchmarks 2026 – model banks analysis
Supervision Benchmarks 2026 – model banks analysis
Payments Benchmarks 2026 – model banks analysis
Strategic Planning Benchmarks 2026 – model banks analysis
Governance Benchmarks 2026 – model banks analysis
Fintech Benchmarks 2026 – model banks analysis
Risk Management Benchmarks 2026 – model banks analysis
Communications Benchmarks 2025 – model banks analysis
Monetary Policy Benchmarks 2025 – model banks analysis
Reserve Benchmarks 2025 – model banks analysis
Financial Stability Benchmarks 2025 – model banks analysis
Supervision Benchmarks 2025 – model banks analysis
Charts
Geopolitics in focus
Though inflation dynamics are still seen as the most important topic overall, geopolitical risk saw the biggest change relative to the previous benchmark, from 2024. On a five-point scale, economics departments rated geopolitics 3.9 on average in 2026, a rise of 0.6 percentage points relative to 2024. No other topic rose by more than 0.2pp.
Reports
Economics Benchmarks 2026 report – advanced analytics
Supervision Benchmarks 2026 report – AI and data
Payments Benchmarks 2026 report – upgrades and alignment
Strategic Planning Benchmarks 2026 report – digital strategy
Governance Benchmarks 2026 – legal matters
Fintech Benchmarks 2026 report – the digital asset race
Risk Management Benchmarks 2026 report – tracking op risk
Cross-Benchmarks Staffing Report 2025: tackling shortages
Communications Benchmarks 2025 report – getting social
Cross-Benchmarks AI Report 2025: a question of creative destruction
Monetary Policy Benchmarks 2025 report – risk-based policy
Reserve Benchmarks 2025 report – tariff realignment?
Benchmarks
Communications
Currency
Economics
Financial Stability
Fintech
Governance
Monetary Policy
Payments
Reserves
Risk Management
Strategic Planning
Supervision
ESG gap between advanced and emerging economies narrows
ESG bond allocations are slightly down overall, but EMDEs are catching up
Foreign exchange interventions jump 71% year on year
One in four central banks uses derivatives for FX intervention
Investment tranches account for half of reserves
Just one-fifth of central banks lack tranching mechanisms
Economics Benchmarks 2026 report – advanced analytics
AI usage is increasing, but banks still vary in their approaches