Tuesday, September 25, 2012

Swiss Bond Buying Aids French

The Swiss National Bank has been buying French debt in an effort to reduce the value of the Swiss franc. This, according to some reports, has been a major factor in decreasing French borrowing costs.

For numbers, see this post.

1 comment:

Anonymous said...

Headlines here are about Qatar, that will be investing 50 million in the banlieues. The French govt will match one for one.
A young entrepreneur whose ideas was praised tried to get loans from any bank; he said he wishes he had financial support from a French source, but there's none to be had, and if Qatari want to invest in his business, he doesn't care, he'll also welcome Romanians and British investors.
A France 2 journalist said something along the lines of "what do they see that we don't see?"