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the Finanzagentur retains a stock of bonds which then uses for secondary market purchasesoperations

Purchases or sales. Obviously, the initially retained stock is intended for sales.

To err is of course human. But to mess things up spectacularly, we need an elite — Yanis Varoufakis

by Carrie (migeru at eurotrib dot com) on Wed Nov 23rd, 2011 at 12:59:21 PM EST
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