The Swiss National Bank Is Long $100 Billion In Stocks, Reports Record Loss
by Tyler Durden
ZeroHedge.com
04/30/2015
According to the latest SNB financial release, 18%, or CHF 95 ($102 billion) of the assets held on the SNB’s balance sheet are, drumroll, foreign stocks! In other words, the SNB holds 15% of Switzerland’s GDP in equities!
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