https://www.snb.ch/en/news-publications/news News on the Swiss National Bank (SNB) website SNB 2026-11-02T12:52:02Z Copyright © Swiss National Bank, Zurich (Switzerland) 2026 2026-11-02T12:52:02Z https://www.snb.ch/en/srv/disclaimer https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/11/statpub_news_20261102_gwd https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/11/statpub_news_20261102_gwd Important monetary policy data, 2 November 2026 2026-11-02T09:00:00Z SNB Important monetary policy data, 2 November 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/11/statpub_news_20261102_gwd 2026-11-02T09:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261030_c https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261030_c SNB balance sheet items end of September 2026 2026-10-30T08:00:00Z SNB SNB balance sheet items end of September 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261030_c 2026-10-30T08:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261030_sddsplus https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261030_sddsplus IMF SDDS Plus, 30 October 2026 2026-10-30T08:00:00Z SNB IMF SDDS Plus, 30 October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261030_sddsplus 2026-10-30T08:00:00Z en https://www.snb.ch/en/publications/communication/press-releases/2026/pre_20261030 https://www.snb.ch/en/publications/communication/press-releases/2026/pre_20261030 Interim results of the Swiss National Bank as at 30 September 2026 2026-10-30T06:15:00Z SNB Interim results of the Swiss National Bank as at 30 September 2026 https://www.snb.ch/en/publications/communication/press-releases/2026/pre_20261030 2026-10-30T06:15:00Z en https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261029_gpetmo In order to perform its statutory tasks, the SNB provides the financial system with central bank liquidity against sufficient collateral. The SNB's collateral policy protects its balance sheet and ensures that liquidity is provided in an effective, efficient and transparent manner. The SNB GC Basket plays a key role in the implementation of monetary policy and in supporting payments. It combines high quality requirements with a broad, international focus, and has also become established as the collateral standard in the Swiss interbank repo market. This common standard and the integrated market infrastructure facilitate the mobilisation of collateral, thereby supporting the effective implementation of monetary policy and the smooth functioning of payments. The SNB reviews its collateral policy on an ongoing basis and adjusts it as necessary to take account of changed market conditions and technological developments. https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261029_gpetmo Liquidity against collateral: the SNB's approach 2026-10-29T08:00:00Z SNB Liquidity against collateral: the SNB's approach https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261029_gpetmo In order to perform its statutory tasks, the SNB provides the financial system with central bank liquidity against sufficient collateral. The SNB's collateral policy protects its balance sheet and ensures that liquidity is provided in an effective, efficient and transparent manner. The SNB GC Basket plays a key role in the implementation of monetary policy and in supporting payments. It combines high quality requirements with a broad, international focus, and has also become established as the collateral standard in the Swiss interbank repo market. This common standard and the integrated market infrastructure facilitate the mobilisation of collateral, thereby supporting the effective implementation of monetary policy and the smooth functioning of payments. The SNB reviews its collateral policy on an ongoing basis and adjusts it as necessary to take account of changed market conditions and technological developments. Petra Tschudin / Thomas Moser Member of the Governing Board / Alternate Member of the Governing Board Money Market Event, Geneva 2026-10-29T08:00:00Z en https://www.snb.ch/en/publications/research/economic-notes/2026/economic_note_2026_08 Collateral is a key component of repurchase agreement transactions. We document collateral usage in the Swiss interbank repo market using an extensive transaction-level dataset. We find that a substantial share of securities eligible for the SNB General Collateral Basket is actively used, particularly securities denominated in Swiss francs. Collateral usage is concentrated in a small number of issuers and highly rated securities denominated in Swiss francs. At the same time, it displays a broad and balanced maturity profile, and cross-currency repos account for a meaningful share of trading volume. https://www.snb.ch/en/publications/research/economic-notes/2026/economic_note_2026_08 What collateral is used in the Swiss interbank repo market? 2026-10-28T23:00:00Z SNB Repo market Collateral SNB GC Basket Interbank transactions Money market activity What collateral is used in the Swiss interbank repo market? https://www.snb.ch/en/publications/research/economic-notes/2026/economic_note_2026_08 Collateral is a key component of repurchase agreement transactions. We document collateral usage in the Swiss interbank repo market using an extensive transaction-level dataset. We find that a substantial share of securities eligible for the SNB General Collateral Basket is actively used, particularly securities denominated in Swiss francs. Collateral usage is concentrated in a small number of issuers and highly rated securities denominated in Swiss francs. At the same time, it displays a broad and balanced maturity profile, and cross-currency repos account for a meaningful share of trading volume. Damien Klossner Damien Klossner Igor Mlikota Igor Mlikota Sabrina Stadelmann Sabrina Stadelmann Damien Klossner, Igor Mlikota and Sabrina Stadelmann 2026 SNB Economic Studies 2026-08 2026-10-28T23:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261029_fin https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261029_fin Swiss Financial Accounts, Q2 2026 2026-10-29T08:00:00Z SNB Swiss Financial Accounts, Q2 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261029_fin 2026-10-29T08:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261026_gwd https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261026_gwd Important monetary policy data, 26 October 2026 2026-10-26T09:00:00Z SNB Important monetary policy data, 26 October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261026_gwd 2026-10-26T09:00:00Z en https://www.snb.ch/en/publications/research/working-papers/2026/working_paper_2026_13 We compiled and processed a novel, comprehensive dataset of 1,063 speeches delivered by high-ranking Swiss National Bank officials between 1928 and 2024. Beyond tracking their quantitative evolution, we conducted an in-depth analysis of the length, readability and thematic content. To ensure robust results, we benchmarked traditional Python-based NLP text mining against generative artificial intelligence using ChatGPT. Our findings highlight four primary policy insights. First, the frequency of annual speeches has followed an upward trajectory since the mid-1950s, accelerating notably after the transition to flexible exchange rates. Second, a clear shift toward brevity is evident. Third, the language has become increasingly accessible since the 1960s. Fourth, inflation has moved to the forefront of the thematic discourse in the era of flexible exchange rates, while cyclical economic development and unemployment have received less emphasis. Finally, we outline key methodological lessons for deploying LLMs to analyze central bank communication, emphasizing the complementary relationship between probabilistic language models and deterministic Python frameworks, while addressing inherent algorithmic pitfalls and identifying critical open questions for future research. https://www.snb.ch/en/publications/research/working-papers/2026/working_paper_2026_13 The evolution of frequency, language complexity and policy narrative: benchmarking Python-based NLP and ChatGPT on a century of SNB rhetoric 2026-10-22T22:00:00Z SNB Central bank speeches Linguistic Analysis Natural Language Processing (NLP) ChatGPT The evolution of frequency, language complexity and policy narrative: benchmarking Python-based NLP and ChatGPT on a century of SNB rhetoric https://www.snb.ch/en/publications/research/working-papers/2026/working_paper_2026_13 We compiled and processed a novel, comprehensive dataset of 1,063 speeches delivered by high-ranking Swiss National Bank officials between 1928 and 2024. Beyond tracking their quantitative evolution, we conducted an in-depth analysis of the length, readability and thematic content. To ensure robust results, we benchmarked traditional Python-based NLP text mining against generative artificial intelligence using ChatGPT. Our findings highlight four primary policy insights. First, the frequency of annual speeches has followed an upward trajectory since the mid-1950s, accelerating notably after the transition to flexible exchange rates. Second, a clear shift toward brevity is evident. Third, the language has become increasingly accessible since the 1960s. Fourth, inflation has moved to the forefront of the thematic discourse in the era of flexible exchange rates, while cyclical economic development and unemployment have received less emphasis. Finally, we outline key methodological lessons for deploying LLMs to analyze central bank communication, emphasizing the complementary relationship between probabilistic language models and deterministic Python frameworks, while addressing inherent algorithmic pitfalls and identifying critical open questions for future research. Severin Joho Severin Joho Enzo Rossi Enzo Rossi Severin Joho and Enzo Rossi 2026 SNB Working Papers 2026-13 E52 E58 D83 2026-10-22T22:00:00Z en https://www.snb.ch/en/publications/communication/summaries/zus_20261022 https://www.snb.ch/en/publications/communication/summaries/zus_20261022 Monetary policy assessment of September 2026: Summary of discussion 2026-10-22T07:30:00Z SNB Monetary policy assessment of September 2026: Summary of discussion https://www.snb.ch/en/publications/communication/summaries/zus_20261022 2026-10-22T07:30:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261021_b https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261021_b Economic data, October 2026 2026-10-21T07:00:00Z SNB Economic data, October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261021_b 2026-10-21T07:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261021_bsta https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261021_bsta Monthly banking statistics, October 2026 2026-10-21T07:00:00Z SNB Monthly banking statistics, October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261021_bsta 2026-10-21T07:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261019_gwd https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261019_gwd Important monetary policy data, 19 October 2026 2026-10-19T08:00:00Z SNB Important monetary policy data, 19 October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261019_gwd 2026-10-19T08:00:00Z en https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261015_gpe https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261015_gpe Current economic developments and the SNB's monetary policy 2026-10-15T10:30:00Z SNB Current economic developments and the SNB's monetary policy https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261015_gpe Petra Tschudin Member of the Governing Board SNB Singapore Markets Reception 2026, Singapore 2026-10-15T10:30:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261014_sddsplus https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261014_sddsplus IMF SDDS Plus, 14 October 2026 2026-10-14T07:00:00Z SNB IMF SDDS Plus, 14 October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261014_sddsplus 2026-10-14T07:00:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261012_gwd https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261012_gwd Important monetary policy data, 12 October 2026 2026-10-12T08:00:00Z SNB Important monetary policy data, 12 October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261012_gwd 2026-10-12T08:00:00Z en https://www.snb.ch/en/publications/research/economic-notes/2026/economic_note_2026_07 Financial market infrastructures depend critically on communication networks that remain available and secure even during outages and cyber-attacks. SCION is an internet architecture that strengthens resilience by giving users greater control over network paths and allowing traffic to switch rapidly between independently operated providers. The Secure Swiss Finance Network (SSFN), launched by the Swiss National Bank (SNB) and SIX in 2021, shows that this approach works in practice. https://www.snb.ch/en/publications/research/economic-notes/2026/economic_note_2026_07 A secure network for financial infrastructure: SCION and the Secure Swiss Finance Network (SSFN) 2026-10-06T22:00:00Z SNB Financial market infrastructures SCION SSFN Cyber security A secure network for financial infrastructure: SCION and the Secure Swiss Finance Network (SSFN) https://www.snb.ch/en/publications/research/economic-notes/2026/economic_note_2026_07 Financial market infrastructures depend critically on communication networks that remain available and secure even during outages and cyber-attacks. SCION is an internet architecture that strengthens resilience by giving users greater control over network paths and allowing traffic to switch rapidly between independently operated providers. The Secure Swiss Finance Network (SSFN), launched by the Swiss National Bank (SNB) and SIX in 2021, shows that this approach works in practice. William Boye William Boye Thomas Moser Thomas Moser William Boye and Thomas Moser 2026 SNB Economic Studies 2026-07 2026-10-06T22:00:00Z en https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261008_anmar https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261008_anmar Enjeux actuels de la politique monétaire 2026-10-08T08:05:00Z SNB Enjeux actuels de la politique monétaire https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261008_anmar Antoine Martin Vice Chairman of the Governing Board Le rendez-vous économique de la Foire du Valais, Martigny 2026-10-08T08:05:00Z en https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261007_anmar https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261007_anmar The SNB and its monetary policy 2026-10-07T12:15:00Z SNB The SNB and its monetary policy https://www.snb.ch/en/publications/communication/speeches/2026/ref_20261007_anmar Antoine Martin Vice Chairman of the Governing Board Lecture, University of Neuchâtel, Neuchâtel 2026-10-07T12:15:00Z en https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261007_wki https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261007_wki Exchange rate indices, October 2026 2026-10-07T07:00:00Z SNB Exchange rate indices, October 2026 https://www.snb.ch/en/publications/statistical-publications/data-portal/2026/10/statpub_news_20261007_wki 2026-10-07T07:00:00Z en