By contrast, given the current low-interest-rate environment, there is de facto no interest income on the assets side. This applies, in particular, to our bond purchases. This means that our usual income situation has been reversed. In “normal times” it is the assets which generate income, notably refinancing operations with banks.
Olli Rehn: Climate change and green finance Keynote speech by Mr Olli Rehn Governor of the Bank of Finland (at time of speaking Deputy Governor of the Bank of Finland), at the Finnish Climate Summit, Helsinki, 13 June 2018. * * * Ladies and Gentlemen, Many thanks for the invitation to this important event, the Finnish Climate Summit.