The Riksbank's Annual Report 2006

In its Annual Report presented to the the Riksdag (the Swedish parliament) today, the Riksbank reported a profit of SEK 7.9 billion for 2006. The positive result is mainly due to the interest income generated by the bonds in the currency reserve.

The Annual Report contains a report on monetary policy during 2004-2006, showing that inflation in 2005 and 2006 remained below the target of 2 per cent. This was mainly due to a larger rise in productivity than expected.

The Annual Report also contains a detailed account of how the Riksbank managed its assets.

The Riksbank’s earnings over the past three years (SEK million) (find table on www.riksbank.com or in enclosed pdf file).

About Us

The Riksbank is Sweden's central bank and an authority under the Riksdag, the Swedish parliament. The Riksbank is responsible for monetary policy with the objective to maintain price stability. The bank has also been given the task to promote a safe and efficient payment system.

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