Detken, Carsten; Hartmann, Philipp - 2000
predecessor currencies, net of intra-euro area assets/ liabilities, before stage 3 of EMU. A number of key factors determining the … 1999. The data also suggest that this early supply of euro bonds by non-euro area residents, clearly exceeding the euro …-predecessor currency aggregate, is actually absorbed by euro area residents and not y outside investors so far. …