Reduced settlement risk in foreign exchange trades
Norges Bank has sent two letters regarding the Government Petroleum Fundâs investment strategy to the Ministry of Finance. The letters will be published in connection with the presentation of the National Budget for 2002. In one letter, Norges Bank recommends using the Lehman Global Aggregate Index as the future benchmark for the Government Petroleum Funds fixed income investments. In the other letter, Norges Bank recommends a transition to a new rebalancing regime in the management of the Petroleum Fund.
11 Oct 2001 11:00