Japan Said to Have Bought 10.3 Percent of ESM Bonds in January
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Japan purchased 10.3 percent of bonds issued by the European Stability Mechanism last month, a step which may help to deflect overseas criticism of the country’s monetary easing.
The Japanese government bought 400 million euros ($545 million) of the European rescue fund’s debt auctioned in January, a finance ministry official who asked not to be named due to the ministry’s policy said today.