"European central banks bought Irish government bonds today, according to two traders who witnessed the transactions, following a week of speculation about the health of the nation’s banks that sent the securities plunging.
The central banks made light purchases of Irish debt with maturities no longer than two years, the people said, under condition of anonymity because their trading is private. The ECB returned to the market in afternoon European trading to buy more 2012 Irish notes, one person said..."
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