Discuss the trends and implications of the following graph, especially with respect to the official start of the EMU on January 1, 1999. 
Definitions:
Par Value
The face value of a bond or stock, as stated by the issuing company. This is the nominal value and may differ from the market value.
Coupon Bond
A bond that pays the holder a fixed interest rate (coupon) over the bond's lifetime and repays the principal at maturity.
Current Yield
A measure of the annual income (interest or dividends) generated by an investment, expressed as a percentage of the current market price.
Par Value
The face value of a bond or stock as stated by the issuing company, which may differ from its market value. For bonds, it's the amount to be repaid at maturity; for stocks, it's the nominal value assigned upon issuance.
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