September 2025: Investing for stability: What does the SRB do with the €80 billion SRF when it is not needed for resolution?

SRB Blog Entry
by Miguel Carcaño Saenz De Cenzano

“Managing the Single Resolution Fund (SRF) involves balancing two critical objectives: safeguarding the fund’s value through prudent investment, while ensuring high liquidity so that funds can be accessed at short notice during a resolution. This dual imperative – capital preservation and liquidity – requires a careful, forward-looking strategy. The SRF is not intended to be needed very often – in fact, it has never been used since 2016. So, what do we do with all these billions of euros when the SRF is not being used as part of a resolution? […]”

Link:
SRB Blog post: Investing for stability: What does the SRB do with the €80 billion SRF when it is not needed for resolution?