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IMF To Issue $150B Bonds

07-02-2009 | Source: emii.com

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The International Monetary Fund (IMF) will issue bonds worth $150 billion to member countries to boost its resources, The Wall Street Journal reports. The bonds can be bought by IMF members or their central banks.

The IMF intends to issue bonds in conjunction with loan disbursements to members in need. China is interested in buying $50 billion in notes, while Brazil, Russia, China and India would be willing to purchase $10 billion in bonds each.

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