News Headline Summary

Japanese Ministry of Finance's Nakao says will consider purchase of ESM bonds but will look at credit rating

Analysis details (01:26)

- Over the weekend, Moodys downgraded the Eurozone's permanent bailout fund, the ESM, to Aa1 from Aaa and the EFSF to Aa1 from Aaa; maintains negative outlook. The move follows on from the French downgrade which is the EFSF's second largest contributor.

03 Dec 2012 - 01:24 - Fixed Income - Source: Newswires

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