Model banks
Charts
Reserve managers’ goals for working with external managers
Central banks report different reasons for hiring external managers depending on the size of their reserves. Those with larger reserves holdings are more likely to use external managers for adopting new asset classes and gaining market intelligence. Those with smaller reserves are more likely to seek staff training.
For the full breakdown, use the benchmarking service’s interactive charts to explore the data.
Middle income central banks see largest volume of counterfeit notes
Foil remains least used security feature for banknote production
Majority of central banks have emergency cash inventory
But few respondents say they have alternative strategies in place
Half of central banks recycle banknotes as sustainability measure
Most currency operations lack climate strategy, but a few plan to launch one
Minority of central banks keep whole cash cycle in-house
Banknote printing remains central banks’ most outsourced function