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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market, Trends

Russia Excludes Irish, Spanish debt from sovereign wealth funds list

Posted on 04 November 2010

From Bloomberg: Russia’s Finance Ministry excluded Ireland and Spain from a list of countries approved for bond investment by the east European nation’s two sovereign wealth funds, according to the ministry’s website.
The western European countries weren’t mentioned in a document specifying the national debt acceptable for purchase by the Reserve Fund and Wellbeing Fund, which together represent more than $130 billion, or more than half of Ireland’s $227 billion gross domestic product in 2009, according to the website……………………………………….Full Article: Source


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