The Riksbank transfers SEK 6.2 billion to the Treasury

Date 14/02/2011

The General Council of the Riksbank has, in accordance with the Sveriges Riksbank Act, presented a proposal to the Riksdag (the Swedish parliament) for the allocation of the Riksbank’s profit for the financial year 2010. The General Council has proposed that SEK 6.28 billion be transferred to the Treasury.

The amount of the proposal has been calculated in accordance with the guidelines applied for the transfer of the Riksbank's profit since 1988. Under these guidelines, 80 per cent of the average profit over the past five years – following certain adjustments – is transferred to the Treasury.

A detailed account of the calculation of the allocation of profit is presented in the Riksbank's submission to the Riksdag 2010/11:RB2, Förslag till disposition av Riksbankens vinst för räkenskapsåret 2010 samt riksbanksfullmäktiges verksamhetsberättelse 2010 (Proposal for the allocation of the Riksbank's profit for the financial year 2010 and the General Council's Annual Report 2010, available in Swedish only).