Sweden's Riksbank slams Canada, Australia over emissions, dumps bonds

Jonathan Boyd
clock • 2 min read

Martin Flodén, deputy governor of Sweden's Riksbank has suggested the central bank may continue to sell off more government bond holdings because of climate change concerns - as it has done already for the Canadian province of Alberta and Australian states Queensland and Western Australia. The sales have come despite the fact that Canadian and Australian central and federal government bonds offer relatively high yields and diversification. Hitherto, the Riksbank had invested some 8% of ...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.