Over 18% of central banks adopted new reserves assets last year
Middle income jurisdictions led the trend, 28.6% diversified their asset allocation
Over the last year 18.6% of central banks added a new asset class to their reserves portfolios, the Reserve Benchmarks 2022 find.
The trend is especially strong among middle income central banks. Overall, 28.6% of participating central banks in this income bracket reported an increased diversification of their assets.
Over the last two decades, a growing number of central banks have gradually adopted higher-yielding assets to their reserves portfolios. Due to low sovereign bond yields, they
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