Tags: Swiss national bank
UBS to repurchase SNB stabilization fund in three months
UBS can now exercise option to repurchase assets from the Swiss National Bank after paying off its bail out loan.
SNB to sell back UBS assets
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
Swiss central bank says franc ceiling to remain
Swiss National Bank keeps its franc ceiling of 1.20. The Swiss National Bank (SNB) will maintain the franc ceiling of 1. 20 against the euro. The SNB imposed the ceiling on the franc in September of 2011 which allowed it to stockpile foreign-currency reserves that is equivalent to 75% of Switzerland's annual economic output.
