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View Full Version : Iceland's Central Bank Offers to Buy Euros for Treasuries - Bloomberg



NewsWhore
06-16-2011, 04:00 PM
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Iceland&#39;s Central Bank Offers to Buy Euros for Treasuries (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHC6DtQd2m6sgLsNknsDzgN13QWZQ&url=http://www.bloomberg.com/news/2011-06-16/iceland-s-central-bank-offers-to-buy-euros-for-treasuries-1-.html)
Bloomberg
“The aim of these measures is to recoup foreign currency that the central bank of Iceland used to purchase offshore kronur in the previous auction and sell kronur to buyers that are prepared to hold them for at least five years,” the bank said. ...

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