RBNZ invests in Asian Bond Fund

The Reserve Bank of New Zealand today announced that it would be investing USD 25 million in the newly created EMEAP Bank of International Settlements Asian Bond Fund, 3 June.

Source: RBNZ press release

Details on the Fund can be found at the official EMEAP website at http://www.emeap.org:8084/Press/02june03.htm.

EMEAP is the Executive Meeting of East Asia and Pacific central banks. The Reserve Bank of New Zealand is a longstanding member and the grouping includes the central banks of Australia

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