The Czech National Bank published updated data on its actively managed international reserves, showing a total market value of EUR 142,531 million. The average annual return in reserve currencies was 8.07% over one year, 7.01% over three years and 3.96% over five years. The investment tranche accounted for 80.2% of reserves, with a market value of EUR 114,362 million and a one year return of 9.61%, while the liquidity tranche accounted for 19.8%, with a market value of EUR 28,169 million and a one year return of 2.23%. By investment instrument, reserves were allocated 50.1% to bonds, 16.5% to money market instruments, 26.1% to equities, 6.9% to gold and 0.3% to other positions. Within bonds, government securities represented 42.5% of reserves, followed by government agencies at 3.3%, mortgage-backed securities and covered bonds at 3.4%, and supranational issuers at 0.9%. Currency allocation was led by EUR at 48.2% and USD at 27.9%, followed by CAD at 7.1%, AUD at 3.5%, GBP at 3.3%, JPY at 1.8%, SEK at 0.9% and SDR at 0.4%. The bank notes that reported returns are weighted averages in reserve currencies and that the one year, three year and five year figures are calculated on moving periods.
Czech National Bank 2026-05-07
Czech National Bank publishes international reserves data showing EUR 142.5 billion portfolio and 8.07% one year return
The Czech National Bank published updated data on its actively managed international reserves, reporting a total market value of EUR 142,531 million and average annual returns of 8.07% over one year, 7.01% over three years and 3.96% over five years. The investment tranche accounted for 80.2% of reserves with a one-year return of 9.61%, while the liquidity tranche represented 19.8% with a one-year return of 2.23%. Reserves were allocated primarily to bonds (50.1%) and equities (26.1%), with currency exposure led by EUR (48.2%) and USD (27.9%).