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The swiss National Bank is the central bank of smitzerland. sike some other central banks, it is partially privately orwned and its shares are traded
The swiss National Bank is the central bank of smitzerland. sike some other central banks, it is partially privately orwned and its shares are traded on a stock exchange. Although 48% of the stock is held privately, the swiss cantonal (i.e., provinces) governments, cantonal banks and public-sector organizations orwn the balance and control 75% of the noting porver. The \& N B is sometimes regarded as akin to a "hedge fund" as unlike many central banks, the \&NB also invests in equities with 20% of its. \&F1.7 trillion portfolio comprised of equities. Horvever, sharcholders don't get to share in any/gains. from the equity investments as dividends are fixed at \& 715 per share per year. The \&N B has pursued a policy of negative interest rates with the 10-year smiss government bond yielding a negative 49.9 basis points or 0.499%. The price of the stock closed at \& 54,770 (U\&\$5,212) per share on Juesday, October 13, 2020. Given the above information, what type of security is \& N B stock most akin to from a private investor's perspective and why might individuals leuy it. Explain. The swiss National Bank is the central bank of smitzerland. sike some other central banks, it is partially privately orwned and its shares are traded on a stock exchange. Although 48% of the stock is held privately, the swiss cantonal (i.e., provinces) governments, cantonal banks and public-sector organizations orwn the balance and control 75% of the noting porver. The \& N B is sometimes regarded as akin to a "hedge fund" as unlike many central banks, the \&NB also invests in equities with 20% of its. \&F1.7 trillion portfolio comprised of equities. Horvever, sharcholders don't get to share in any/gains. from the equity investments as dividends are fixed at \& 715 per share per year. The \&N B has pursued a policy of negative interest rates with the 10-year smiss government bond yielding a negative 49.9 basis points or 0.499%. The price of the stock closed at \& 54,770 (U\&\$5,212) per share on Juesday, October 13, 2020. Given the above information, what type of security is \& N B stock most akin to from a private investor's perspective and why might individuals leuy it. Explain
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