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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, People

Australia’s Future Fund has no plans to buy EU rescue bonds

Posted on 31 May 2011

Australia’s Future Fund has no plans to buy the debt being issued to rescue ailing eurozone countries as the fund is currently steering clear of sovereign bonds, Chairman David Murray said in an interview.
In an effort to stabilize the heavily indebted peripheral nations, eurozone authorities are issuing debt through a temporary bailout fund, the European Financial Stability Facility, while the European Union itself is also part-funding the rescue………………………………………Full Article: Source

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