The Japanese institute now has Italian government bonds in its belly for only 467 million dollars, compared to the previous 2,81 billion – The bonds of Spain (-62%) and Greece (-43%) were also sold
Exposure to Italian debt drastically cut by the Japanese bank Nomura. According to Bloomberg, the Japanese institute has reduced by 83%, from $2,81 billion to $467 million, the value of Italian securities recorded in the balance sheet.
The same fate befell other debts, such as the Spanish one, cut by 62%, and the Greek one (-43%). All in all, exposure to Greece, Ireland, Italy, Portugal and Spain was reduced from 3,55 billion in September to just $884 million.
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