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Governing Board
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Read the Governing Board’s introductory remarks

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Introductory remarks by the Governing Board

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Hauptgebäude Bern mit Dach Bundeshaus
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You can find the report and further information under the following link:

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Financial Stability Report 2025

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Press release 
Introductory remarks
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SNB policy rate
0.00%
11.07.2025
SARON
-0.04%
10.07.2025
Confed. yield
0.464%
11.07.2025
EUR / CHF
0.9314
11.07.2025
USD / CHF
0.7974
11.07.2025
100 JPY / CHF
0.5425
11.07.2025
GBP / CHF
1.0790
11.07.2025
All interest and exchange rates

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11.07.2025Press release
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Announcements and conditions for new SNB Bills auctions (in Swiss francs)
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07.07.2025Financial markets
Announcements and conditions for new money market debt register claims of the Swiss Confederation (in Swiss francs)
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Monetary policy assessment of 19 June 2025

Press release
Introductory remarks by the Governing Board

Financial Stability Report 2025

Report

Exchanging banknotes

Do you have old banknotes from the sixth or eighth series that you would like to exchange?

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Reflection on the glass roof in the main building’s courtyard in Berne

Financial Stability

A solid financial system

The SNB analyzes developments on the financial markets and in the area of financial market infrastructure. It takes an in-depth look at the Swiss banking sector and financial market infrastructures.

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The ‘Salon bleu’, one of the meeting rooms at the Berne head office

Monetary policy

The monetary policy strategy

The SNB conducts Switzerland's monetary policy as an independent central bank. Find relevant information here.

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Hybrid meeting in Berne

The SNB as an employer

Working at the SNB - what's it like?

Modern working environments with attractive conditions: Learn all about the SNB as an employer here.

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Print and production of banknotes

Banknotes and coins

Cash supply and distribution

The SNB is entrusted with the note-issuing privilege. It supplies the Swiss economy with banknotes commensurate with demand for payment purposes. It is also charged by the Confederation with the task of coin distribution.

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