Poland’s reserve assets in April 2021
NBP data: At the end of April 2021, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 128.7bn, or USD 155.7bn in US dollar terms.
On 7 May 2020, Narodowy Bank Polski released the monthly data on the country’s official reserve asset holdings. According to the release, these holdings expressed in euro terms amounted to EUR 128.7bn as at the end of April 2021, i.e. EUR 6.1bn less than at the end of March 2021. In US dollar terms, the reserve holdings decreased by USD 2.7bn, reaching USD 155.7bn.
In managing foreign exchange reserves, Narodowy Bank Polski – while striving to maximize the return on the assets – gives priority to their safe investment and the requisite level of liquidity. NBP invests in typical instruments used by central banks. The bulk of the reserves (over 70%) is invested in Treasury securities as well as securities issued by international institutions and government agencies. The remainder of the reserves is maintained in the form of term deposits at banks with a high credit standing and in monetary gold.
See: Official reserve asset holdings of NBP »