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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Russia to once again allow sovereign investment in Spain debt

Posted on 22 March 2011

Russia has returned Spain to the list of the countries whose debt its National Wellbeing Fund is allowed to buy, the Ministry of Finance said on its website Monday. Moscow excluded Spain and Ireland from the list in November. The list still doesn’t include Ireland, but does include Austria, Belgium, United Kingdom, Germany, Denmark, Canada, Luxemburg, Netherlands, U.S., Finland, France and Sweden.
National Wellbeing Fund, intended to support the country’s pension system, totaled $90.94 billion as of March 1………………………………………Full Article: Source


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