Norges Bank

Staff Memo

Norges Bank's balance sheet and earnings

Ellen Aamodt and Marie Norum Lerbak
Staff Memo

What does Norges Bank's balance sheet consist of? What determines the dynamics between the different items, and how is the balance sheet affected by monetary or structural changes in the relationship between the central bank, the government and the banking system? What are the central bank's sources of income? These are among the questions discussed in this paper.

Staff Memos present reports and documentation written by staff members and affiliates of Norges Bank, the central bank of Norway. Views and conclusions expressed in Staff Memos should not be taken to represent the views of Norges Bank.

ISSN 1504-2596 (online)

Published 28 May 2013 14:45
Published 28 May 2013 14:45