The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

SUBSCRIBERS

Norway fund bets ECB move will lift Spain bonds

Published Fri, Mar 13, 2015 · 09:50 PM
Share this article.

Oslo

NORWAY'S US$860 billion sovereign wealth fund, the world's biggest, has bought up Spanish government bonds in anticipation that European Central Bank (ECB) debt purchases will drive up their value.

Holdings of Spanish government bonds rose by 67 per cent to 46.7 billion kroner (S$8 billion) in 2014, Norges Bank Investment Management (NBIM) said in its annual report on Friday.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here