Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 08, 2013 14:47:30

Japan is preparing to buy European bonds



ColosseumJapanese Finance Minister Taro Aso said that the foreign exchange reserves of Japan will buy the bonds, which are issued by the European rescue program ESM. Thus it seeks to weaken the Japanese menu, which would benefit the exporting:-based economy. The scope of purchases was not inaugurated. ESM yield bonds are very low. In today's auction three-month Treasury bills was reached negative yield -0.0324%. EUR / JPY today falls by 0.5% to 114.63 yen per 1 EUR.

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