| From Bloomberg: Government of Singapore Investment Corp., a sovereign wealth fund with $100 billion of reserves, bought some of the European debt issued to finance Ireland’s bailout, Deputy Chairman Tony Tan said.
“We believe the bond is relatively safe given how it’s structured and it gives us reasonable yield,” Tan said in an interview at the World Economic Forum in Davos, Switzerland. GIC will consider buying more European rescue debt in future sales, he said...........................................Full Article: Source
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