SWISS FRANCS

摘要

Swiss cantons are unlikely to see their funding plans dramatically affected by a record loss from the swiss national bank, even though they might not be paid a dividend - for only the second time in the central bank's 108-year history. In 2011, the SNB said that from 2011 to 2015 and on condition that the distribution reserve was positive, it would make an annual payment of SFrlbn, split two-thirds to the cantons and one-third to the federation, its stakeholders.