The Riksbank’s Financial Markets Survey: The Swedish fixed-income and foreign exchange markets are functioning well
News Most participants in the Swedish foreign exchange and fixed-income markets consider that the market is functioning well. However, the war in the Middle East has led them to reduce their risk-taking compared to autumn 2025. This is shown in the Riksbank’s Financial Market Survey in spring 2026.
Two-thirds of respondents consider the foreign exchange market in Swedish kronor to be functioning well. Liquidity in the spot and forward markets, including foreign exchange swaps, is considered to be good. However, liquidity has deteriorated slightly over the past 6 months.
A clear majority consider that the Swedish fixed income market is functioning well or very well. Several respondents emphasise that liquidity has improved and that there is a larger supply of available nominal government bonds following the Riksbank’s sales of Swedish nominal government bonds.
The Financial Market Survey
Twice a year, the Riksbank sends out the Financial Market Survey to participants in the Swedish fixed-income and foreign exchange markets to find out how they view the Swedish financial markets – how they function, what market activity looks like and what risks they perceive to exist in the Swedish financial system.
In this report, the Riksbank presents the results of our Financial Market Survey, which was sent out between 30 March and 17 April 2026. The report only presents market participants’ responses, and not the Riksbank's assessments.