Central Bank Gold Sales-Slovenia added to ECB
FWIW, per world gold council, Slovenia has just 5.1 tonnes per gold (versus for example USA @ 8,133 tonnes or Germany @ 3,422 tonnes).
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Slovenia Joins Central Bank Gold Agreement
By Christian Vits
Dow Jones Newswires
Friday, December 22, 2006
FRANKFURT -- The Slovenian central bank will become a party to the European gold agreement, the European Central Bank said Friday.
"In the interest of clarifying its intentions with respect to its gold holdings, Banka Slovenije agrees with and becomes a party to the joint statement dated March 8, 2004," the ECB said.
The maximum annual sales of the Slovenian central bank, as well as the total sales, both as specified in this agreement by its signatories, will remain unchanged over the period of the agreement.
The central bank also agreed not to expand its gold leasing and its use of gold futures and options during the period of the agreement, the ECB said.