Sentence examples for sovereigns held from inspiring English sources
The Delows' investment in gold sovereigns, held in a vault by the Pure Gold Company, was to hedge risk elsewhere in their retirement savings, as the precious metal tends to rise in troubled times when other assets are falling.
The United Kingdom was already an established constitutional monarchy, in which the sovereign held relatively little direct political power.
Randall Krantz is currently in Bhutan advising the sovereign holding company on sustainable competitiveness.
As the Sovereign holds the two sceptres, the Archbishop of Canterbury places St Edward's Crown on his or her head.
We propose, first, a reduction or a write-off on the sovereign officially held Greek debt that is sufficient to ensure that Greece's entire sovereign debt becomes a constant or declining fraction of G.D.P. Second, we call for sizable, front-loaded official financing to ensure that Greece can signal credibly its debt repayment capacity over the medium term.
This year, the amount of sovereign debt held by the central bank has more than doubled, to over 150 billion euros.
As investors worried about the European sovereign debt held by banks and their vulnerability to stress in the European financial system, bank shares led the declines.
Some observers are also annoyed that banks took a haircut only on sovereign debt held in their trading books, rather than in their banking books too.
We also said that rescheduling would lead to impairments on sovereign debt held by banks: that is not necessarily the case if the principal or interest rate on debt in the banking book stays the same.
Meanwhile there was some positive news for Greece when two European Central Bank policy makers suggested that profits on Greek sovereign bonds held by the central bank could be relinquished to help fill a financing gap and avert a Greek default.
It remained unclear whether the EU's tests would go beyond Europe's 25-odd biggest banks and if they would factor in the risk from sovereign debt held in southern Europe.
