Discreet Bullion
  • Home
  • Bullion
  • Prices
  • Blog
  • 1776
  • Links
  • About
  • FAQ
  • Contact
  • Diamonds

ECB - "Gold remains an important element of global monetary reserves" 

5/19/2014

0 Comments

 
Picture
PRESS RELEASE

19 May 2014

ECB and other central banks announce the fourth Central Bank Gold Agreement

The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, Eesti Pank, the Central Bank of Ireland, the Bank of Greece, the Banco de España, the Banque de France, the Banca d’Italia, the Central Bank of Cyprus, Latvijas Banka, the Banque centrale du Luxembourg, the Central Bank of Malta, De Nederlandsche Bank, the Oesterreichische Nationalbank, the Banco de Portugal, Banka Slovenije, Národná banka Slovenska, Suomen Pankki – Finlands Bank, Sveriges Riksbank and the Swiss National Bank today announce the fourth Central Bank Gold Agreement (CBGA).

In the interest of clarifying their intentions with respect to their gold holdings, the signatories of the fourth CBGA issue the following statement:
  • Gold remains an important element of global monetary reserves;
  • The signatories will continue to coordinate their gold transactions so as to avoid market disturbances;
  • The signatories note that, currently, they do not have any plans to sell significant amounts of gold;
This agreement, which applies as of 27 September 2014, following the expiry of the current agreement, will be reviewed after five years.

Media enquiries should be addressed to Wiktor Krzyżanowski on +49 69 1344 5755. 

European Central Bank
Directorate General Communications and Language Services
Kaiserstrasse 29, D-60311 Frankfurt am Main
Tel.: +49 69 1344 7455
email: info@ecb.europa.eu | website: http://www.ecb.europa.eu | Media contacts
Reproduction is permitted provided that the source is acknowledged.

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Follow our CEO on Twitter
    Tweets by @MoonSunTruth

    RSS Feed

    Favourite videos

    Archives

    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012

      Contact us          Questions            Prices            Storage               Bullion               About us