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Sovereign Wealth Funds Briefing - Categorized | Financials

Oil-rich Libya not looking for a loan

Posted on 29 August 2011

The central bank and the Libyan Investment Authority, the country’s sovereign wealth fund, have about $168bn in assets abroad.
About $50bn of that was in bank deposits in European countries including Germany, the UK, France, Italy, Portugal, Spain, Sweden, Belgium and the Netherlands, Bengdara said. The two institutions also held about $40bn in US and European government bonds………………………………………Full Article: Source


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