Pimco Fund Added to Russia Swap Exposure in Weeks Before War
- Date: 30-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Pimco Fund Added to Russia Swap Exposure in Weeks Before War
(Bloomberg) -- Pacific Investment Management Co.’s largest fund increased its exposure to Russian default swaps in the run-up to the country’s invasion of Ukraine by selling more than $100 million of protection to banks including Barclays Plc and JPMorgan & Chase Co.
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