It is not only the small savers that SBB has caused both losses as well as worries. It turned out that the European Central Bank (ECB) has also invested in the company.
According to the rumor, the ECB has bonds in SBB worth "a few hundred million euros". The bonds in SBB are currently traded at approximately half of their nominal value. On 24 November 2023, SBB announced that it had bought back bonds at a reduced price. According to the same rumor, the ECB must have been one of the sellers.
An ECB spokesperson declined to comment on SBB or any losses incurred. The spokesperson instead referred to the central bank's website where the ECB characterizes its losses as "side effects" where the message instead is that the ECB's large profits in recent years more than compensate for any losses.
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