China’s €1bn vote of confidence in Spanish bonds

Author (Person)
Series Title
Series Details 13.7.10
Publication Date 13/07/2010
Content Type

Article reports that China, the world’s largest foreign exchange holder, bought several hundred million euros of Spanish bonds in July 2010 as Asian investors returned to the eurozone peripheral market after a two-month hiatus.

This was seen by analysts as a big vote of confidence for the eurozone.

Countries / Regions ,