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To: Richard Mazzarella who wrote (51075)4/4/2000 8:20:00 AM
From: lorne  Respond to of 116762
 
Austria CB: 30 out of planned 90 tonnes of gold already sold
Frankfurt--Apr 3--The Austrian National Bank in a statement Monday said 30
out of the 90 tonnes of gold earmarked for sale in the context of the Washington
gold sales agreement from Sep 26, 1999, had already been sold via the
Basel-based Bank for International Settlements. Since the sale had been
conducted as a forward transaction, it would only be reflected in the European
system of central bank's balance sheets on the maturity date, the bank said.
(Story .14292)

EBRD, Standard Bank London arrange Russian gold export financing
London--Apr 3--European Bank for Reconstruction and Development (EBRD) and
Standard Bank London Limited (SBL) are to launch a jointly arranged program to
finance Russian gold exports, the first internationally-led pre-production
alluvial gold export financing facility for Russia. The companies have disbursed
funds to selected Russian mining customers of Bank Zenit, the first Russian bank
to join the program, the companies said. (Story .19734)
crbindex.com