Oil fund invested in equity and bonds from collapsed SVB
Norway’s oil fund has invested billions of kroner in Silicon Valley Bank.
by Sebastian Holsen, translated by Katrine Gøthler
The Norwegian oil fund informs that it, as of Wednesday of last week, had NOK 1.7bn (EUR 149.4m) invested in equities and NOK 1.1bn (EUR 97.1m) in bonds in Silicon Valley Bank’s parent company, SVB Financial Group, writes Norway’s largest business media E24.
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