Sword Of The Lord With Electronic Edge

Sunday, October 30, 2011

European Bailout Fund Could ‘One Day’ Issue Bonds in Yuan, Regling Says - Bloomberg

European Bailout Fund Could ‘One Day’ Issue Bonds in Yuan, Regling Says - Bloomberg: "European leaders are seeking financial support from China, holder of the world’s largest foreign-exchange reserves, for an enlarged rescue fund aimed at containing the region’s sovereign- debt crisis. Vice Finance Minister Zhu Guangyao said yesterday his government wants more details about the “technicalities” before making any decision on investment.
Regling said yesterday that China, which has been a “good” and “loyal” purchaser of EFSF bonds so far, hasn’t set any conditions for buying more of the securities."

'via Blog this'

No comments:

Please Help Support Us If You Like What You See On This Blog.