Tue, 08 Nov 2011 07:32:11 GMT
Japan purchases 10% of euro bonds
On Monday Japan claimed it purchased 10% of
Euro rescue bonds issued by EFSF. Japanese government bought debt worth EUR 300
m. Earlier Japan suggested, it may acquire 20% of EFSF bonds, however,
according to Junko Nishioka, RBS Securities chief economist in Tokyo, the
amount purchased has been reduced due to potential losses associated euro
depreciation risk.