https://www.esm.europa.eu/investors/efsf/efsf-mandates-barclays-deutsche-bank-and-morgan-stanley-joint-lead-its-upcoming-new The EFSF, the European Financial Stability Facility rated AA (S&P) / Aa1 (Moody's) / AA (Fitch) has mandated Barclays, Deutsche Bank and Morgan Stanley to joint lead manage its upcoming tranche consisting of a new 5yr benchmark due October 2025 in REGS Bearer format. The remaining EFSF market group...

https://www.esm.europa.eu/investors/efsf/efsf-sends-request-proposal-selection-banks-26 The EFSF, the European Financial Stability Facility, rated Aa1 (Moody’s) / AA (Fitch) / AA (S&P), has sent a Request for Proposal to a selection of banks from the EFSF/ESM Market Group with regards to an upcoming transaction scheduled for the week of 06th July 2020, subject to market conditions.

https://www.esm.europa.eu/investors/esm/esm-12-month-bill-auction-results-1 The result of the auction of 9 June 2020 for the 12-months Bills of the ESM was as follows: Total Bids: € 6,714.00 mn Competitive bids € 1,315.00 mn Non-competitive bids € 5,399.00 mn Allotment / Issue volume € 1,499.10 mn

https://www.esm.europa.eu/investors/esm-efsf/esm-hosts-global-investor-call The ESM hosted a Global Investor Call to give an update on the role of the ESM in the context of Europe’s response to the corona virus. The call was arranged by the ESM with the assistance of Deutche Bank, Société Générale and UniCredit. Please find the link to the transcript of the call

https://www.esm.europa.eu/investors/esm-efsf/esm-and-eib-capital-markets-seminar 1st July - 2nd July 2020 The ESM, jointly with EIB’s Capital Markets Department, is organising a seminar in Luxembourg. Given the uncertainty surrounding travel restrictions, we have decided to hold the seminar virtually, via a WebEx webinar. The first day will be dedicated exclusively to Central...

https://www.esm.europa.eu/investors/esm/esm-completes-q2-funding-%E2%82%AC15-billion-tap-sale The European Stability Mechanism completed its second quarter funding needs on Monday, raising the full €1.5 billion it had targeted. The ESM reopened its 0.75% 5 September 2028 bond with the no-grow tap offer, which means the bond’s total outstanding volume is now €4.75 billion. The spread was...

https://www.esm.europa.eu/investors/esm/esm-announces-upcoming-3-month-bill-auction-39 The European Stability Mechanism (ESM) will launch 3-months Bills of the European Stability Mechanism (ESM) by auction. An issue volume up to EUR 2.5 billion is envisaged. Time schedule of the auction procedure: Date of invitation to bid: Monday, 4 May 2020 Bidding period: Tuesday, 5 May 2020, from...

https://www.esm.europa.eu/investors/efsf/efsf-completes-q2-long-term-funding-raises-%E2%82%AC45-billion-two-bond-deals The European Financial Stability Facility (EFSF) completed its second quarter funding needs with a dual-tranche transaction on Monday, raising the full €4.5 billion it had targeted. The EFSF raised €3 billion in a new 3-year 0% benchmark bond, maturing on 24 April 2023. The spread was fixed at mid...

https://www.esm.europa.eu/investors/efsf/efsf-mandates-hsbc-nomura-and-societe-generale-joint-lead-managers-its-upcoming-dual Luxembourg- Today (20 April) EFSF, the European Financial Stability Facility rated AA (S&P, stable)/Aa1 (Moody's, stable) /AA (Fitch, stable) has mandated HSBC, Nomura and Societe Generale as joint lead managers for its upcoming dual tranche, a new EFSF 3 year Fixed Rate Benchmark Bond and a tap of...

https://www.esm.europa.eu/investors/esm/esm-announces-upcoming-6-month-bill-auction-37 The European Stability Mechanism (ESM) will launch 6-months Bills of the European Stability Mechanism (ESM) by auction. An issue volume up to EUR 2 billion is envisaged. Time schedule of the auction procedure: Date of invitation to bid: Monday, 20 April 2020 Bidding period: Tuesday, 21 April 2020...

https://www.esm.europa.eu/investors/esm/esm-12-month-bill-auction-results The result of the auction of 15 April 2020 for the 12-months Bills of the ESM was as follows: Total Bids € 5,110.00 mn Competitive bids € 2,595.00 mn Non-competitive bids € 2,515.00 mn Allotment / Issue volume € 997.40 mn

https://www.esm.europa.eu/investors/esm/europes-response-corona-crisis ESM’s role in the European response On 9 April 2020, the euro area finance ministers (Eurogroup) decided on a Report on the comprehensive economic policy response to the COVID-19 pandemic. In paragraph 16 of the report, it is proposed that the ESM provides Pandemic Crisis Support based on the...

https://www.esm.europa.eu/investors/efsf/esm-efsf-quarterly-newsletter-9 March 2020 Investor Relations Newsletter The ESM/EFSF Investor Newsletter is a quarterly publication that provides investors with updates on ESM/EFSF funding activities. Subscribe to the ESM/EFSF Investor Newsletter

https://www.esm.europa.eu/investors/efsf/efsf-raises-%E2%82%AC2-billion-tap-january-2026-bond Luxembourg – The European Financial Stability Facility (EFSF) on Tuesday raised €2 billion in a tap of 0.4% January 2026 bond, raising the total outstanding volume to €5 billion. “Today we completed funding needs for the EFSF for the first quarter. We had a strong book with high quality orders from...

https://www.esm.europa.eu/investors/esm/esm-raises-%E2%82%AC2-billion-completes-q1-funding-needs Luxembourg - The European Stability Mechanism (ESM) on Tuesday raised €2 billion by issuing a new benchmark 10-year bond, and completed first quarter funding needs. The spread of the 0.01% coupon bond, which matures on 4 March 2030, was fixed at mid-swaps minus 8 basis points, for a reoffer yield of...

https://www.esm.europa.eu/investors/esm-efsf/esm-and-eib-central-bank-seminar 1st July - 2nd July 2020 The ESM, jointly with EIB’s Capital Markets Department, is organising a seminar in Luxembourg targeted at reserve managers of central banks and official institutions. The program will cover macro, market and green/sustainable finance themes. Participants will benefit from...

https://www.esm.europa.eu/investors/efsf/efsf-opens-2020-funding-record-sized-book-new-30-year-bond The European Financial Stability Facility (EFSF) opened its 2020 funding programme today, raising €3 billion by issuing a new benchmark 30-year bond, which attracted a record order book. The order book was above €12 billion, excluding interest from lead managers. The previous record was €6.1 billion...

https://www.esm.europa.eu/investors/efsf/efsf-mandates-goldman-sachs-jp-morgan-and-unicredit-joint-lead-its-new-eur-30yr The EFSF, the [European Financial Stability Facility] rated AA (S&P)/ (P) Aa1 (Moody's) /AA (Fitch) has mandated Goldman Sachs International, J.P. Morgan and UniCredit to joint lead manage its upcoming new EUR 30yr benchmark. No further group. The transaction is expected to be launched and priced in...

https://www.esm.europa.eu/investors/efsf/efsf-sends-request-proposal-selection-banks-23 The EFSF, the European Financial Stability Facility, rated (P)Aa1 (Moody’s) / AA (Fitch) / AA (S&P), has sent a Request for Proposal to a selection of banks from the EFSF/ESM Market Group with regards to an upcoming transaction scheduled for the week of 13th January 2020, subject to market...

https://www.esm.europa.eu/investors/efsf/efsf-completes-q4-funding-needs-10-year-bond-sale The European Financial Stability Facility (EFSF) today raised €1.5 billion by issuing a tap of its existing €2 billion 10-year bond, and completed its fourth quarter funding needs. “With today’s bond sale, the EFSF has joined the European Stability Mechanism in completing its funding needs for 2019...