Latest p&l report from Switzerland's central bank

  • Gold loss CHF 3.3bn
  • Loss on currencies CHF 31.3bn
  • Made CHF843m on sight deposit interest

Q3 FX reserves and asset holdings

  • USD 33% vs 32% prior
  • EUR 42% unch
  • GBP 7% unch
  • JPY 8% unch
  • CAD 3% vs 4% in Q2
  • Others 7% unch
  • Gov bonds 71% vs 72% prior
  • Other bonds 11% unch
  • Equities 18% vs 17% prior

Looks like all their intervention is costing them a pretty penny. That'll go down well with he shareholders ;-)