Tuesday, January 25, 2011

Euro:Investments in the salvation of the euro


Today, mark key stage repair euro, as will be the first deployment of the joint mechanism of the European Bond Fund Financial Stability (EFSF). Investors rod to break, to get a piece of the auction for 5 billion, which will receive the highest reliability rating, while the yield on it is only slightly higher than German rates under the relevant securities. Earlier this month, Japan intends to participate, and their prime minister expressed his desire to buy "more than 20" fund. We wrote back then that Japan's participation was very important, provided that the leaders of the eurozone have not seen the potential attractiveness of the current market for Asian investors. Good results are now promised to provide a moderate positive for the euro.

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