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NORWAY: ***In case you missed it. This is the letter proposing portfolio
benchmark changes by Norway's $990bln oil fund.
- It recommends only holding Govt bonds in euros, dollars and sterling with a
maturity below 10Y. So, no corporate bonds.
- It's bond portfolio size is $320bln and page 9 of the quarterly report gives
their current split
- Note that JGBs are their second highest holding