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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Chile says to sell $3 bln as part of stimulus plan

Posted on 24 February 2009

From Reuters: The Chilean government said on Monday it would auction about $50 million a day for a total of $3 billion as part of a previously announced $4 billion fiscal plan to stimulate the economy amid global crisis.

The auctions in U.S. currency will start in March and will be funded from a $20 billion sovereign wealth fund….. Full Article: Source


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