#Latest news with #cantonsBloomberg09-05-2025BusinessBloombergSwiss Lost Cash Racks Up $1.1 Billion Windfall for GovernmentLost banknotes from the 1970s are set to give Switzerland a windfall. A quarter of a century after the Swiss National Bank officially ended its sixth series of franc bills — legal tender from 1976 to 2000 — the value of notes that were never exchanged for newer ones will be distributed to cantons and the government. The total being transfered is 890.6 million francs ($1.1 billion), the central bank said on Friday.
Bloomberg09-05-2025BusinessBloombergSwiss Lost Cash Racks Up $1.1 Billion Windfall for GovernmentLost banknotes from the 1970s are set to give Switzerland a windfall. A quarter of a century after the Swiss National Bank officially ended its sixth series of franc bills — legal tender from 1976 to 2000 — the value of notes that were never exchanged for newer ones will be distributed to cantons and the government. The total being transfered is 890.6 million francs ($1.1 billion), the central bank said on Friday.
09-05-2025
