The yen stably above 118 against the dollar comforted the Nikkei, while the Chinese stock market rose sharply, reaching its highest level in three years now.
Exposure to Italian government bonds increased to 43,698 billion Norwegian kroner (about 5,3 billion euro) at the end of the second quarter from 38,218 billion in the first quarter.
The Norwegian krone bonds will have a 4-year life and pay a gross coupon of 4,35% while the dollar bonds will have a longer life of 6 years and will bear a gross annual coupon of 4,5%