https://www.esm.europa.eu/press-releases/esm-completes-q2-funding-eu2-billion-bond-sale (Luxembourg) - The European Stability Mechanism (ESM) raised €2 billion on Monday with a new long 10-year bond issue, completing its second quarter funding needs. The ESM issued €2 billion of the 0.01% bond maturing on 15 October 2031. The spread was fixed at mid-swaps minus 10 basis points, for a...

https://www.esm.europa.eu/press-releases/efsf-taps-2025-bond-raises-close-eu1-billion-q2-funding-auction (Luxembourg) - The European Financial Stability Facility (EFSF) today conducted a tap of its 0% bond maturing on 15 October 2025 through an auction, raising nearly €1 billion towards its €7 billion second quarter funding needs with the transaction. The deal raised €998.30 million, bringing the total...

https://www.esm.europa.eu/press-releases/efsf-raises-eu25-billion-bond-tap-sale (Luxembourg) - The European Financial Stability Facility (EFSF) raised €2.5 billion on Monday with a tap sale of an April 2024 bond, as it completed its €7 billion second quarter funding target. The EFSF bond sale takes the outstanding issue of 0% 19 April 2024 paper to €5.5 billion. The spread was...

https://www.esm.europa.eu/press-releases/esm-appoints-cedric-crelo-head-communications-and-chief-spokesperson (Luxembourg) - The ESM has appointed Cédric Crelo to the position of Head of Communications and Chief Spokesperson as of 1 September 2021. Mr Crelo is currently Head of the International Relations and Communications Department at the Central Bank of Luxembourg, a position he has held since 2013. At...

https://www.esm.europa.eu/press-releases/esm-board-governors-approves-2020-annual-report The Board of Governors of the European Stability Mechanism (ESM) held its ninth Annual Meeting today in Luxembourg. The Board approved the ESM Annual Report for 2020 and discussed the main developments of the ESM over the past year and its key activities, including funding, investment and lending...

https://www.esm.europa.eu/press-conferences/klaus-regling-eurogroup-press-conference-july-2021 Transcript of remarks by ESM Managing Director Klaus Regling Press conference after Eurogroup meeting Brussels, 12 July 2021 Just a few comments from the ESM perspective. Indeed, I agree, we had a very stimulating discussion with [US Treasury] Secretary Yellen this afternoon. I think it was much...

https://www.esm.europa.eu/press-releases/efsf-approves-fifth-successive-reduction-step-interest-margin-greece-0 (Luxembourg) - The Board of Directors of the European Financial Stability Facility (EFSF) decided today to reduce to zero the step-up margin accrued by Greece for the period between 1 January and 17 June 2021, as part of the medium-term debt relief measures agreed for the country in 2018. The value...

https://www.esm.europa.eu/press-releases/efsf-closes-2021-funding-%E2%82%AC2-billion-bond-tap-sale (Luxembourg) - The European Financial Stability Facility (EFSF) raised €2 billion on Monday with a tap sale of a 10-year bond tenor and completed its 2021 funding needs. The EFSF no-grow tap sale takes the outstanding issue of the 0% 20 January 2031 bond to €5 billion. The spread was fixed at mid...

https://www.esm.europa.eu/interview-mit-kalin-anev-janse-mit-der-b%C3%B6rsen-zeitung-19-juni-2021 Interview mit Kalin Anev Janse, Finanzvorstand von ESM Börsen-Zeitung (Deutschland) Durchführung am 17. Juni 2021 Erscheinungsdatum: 19. Juni 2021 Interviewer: Kai Johannsen Börsen-Zeitung: Was sind Ihre persönlichen Lehren aus der Covid-19-Pandemie? Kalin Anev Janse: Die Pandemie hat uns die...

https://www.esm.europa.eu/interviews/kalin-anev-janse-interview-b%C3%B6rsen-zeitung-19-june-2021 Interview with Kalin Anev Janse, ESM Chief Financial Officer Published in Börsen-Zeitung (Germany) Conducted on 17 June 2021 Publication date: 19 June 2021 Interviewer: Kai Johannsen Börsen-Zeitung: What are your personal lessons learned from the Covid-19-pandemic? Kalin Anev Janse: The pandemic has...

https://www.esm.europa.eu/press-conferences/klaus-regling-eurogroup-press-conference-june-2021 Transcript of remarks by ESM Managing Director Klaus Regling Press conference after Eurogroup meeting Luxembourg, 17 June 2021 I will focus on the three topics on the agenda that are close to the ESM, that is Greece. Second, the post-programme surveillance of Portugal, Cyprus, Spain and Ireland. And...

https://www.esm.europa.eu/esm-annual-meeting-press-conference-qa Transcript of Q&A session with Paschal Donohoe and Klaus Regling Press conference after Annual Meeting of ESM Board of Governors 17 June 2021 Question on why talks to create a work plan on banking union would be more successful after the German elections, and whether it was disappointing that a...

https://www.esm.europa.eu/press-conferences/press-conference-after-annual-meeting-esm-board-governors-17-june-2021 Transcript of remarks by Paschal Donohoe and Klaus Regling Press conference after Annual Meeting of ESM Board of Governors 17 June 2021 Remarks by Paschal Donohoe, Chairperson of ESM Board of Governors Just a few words from me. While I’ve had many opportunities to attend these annual meetings in...

https://www.esm.europa.eu/press-releases/joint-statement-following-meeting-between-greek-minister-finance-christos-staikouras Greece’s Finance Minister Mr Christos Staikouras visited today ESM headquarters in Luxembourg for a meeting with ESM Managing Director Klaus Regling, ahead of the Eurogroup meeting that will take place in Luxembourg on 17 June. It was a very constructive meeting. They discussed recent developments...

https://www.esm.europa.eu/interviews/klaus-regling-interview-bloomberg-tv-june-2021 Transcript of interview with ESM Managing Director Klaus Regling Bloomberg TV (Bloomberg Surveillance), 15 June 2021 Interviewer: Maria Tadeo Bloomberg TV: Mr Regling, today you're tapping markets for the first time. This is the initial sale of Next Generation EU bonds. That's the key to the...

https://www.esm.europa.eu/interviews/rolf-strauch-interview-latvian-news-agency-leta Interview with Rolf Strauch, ESM Chief Economist Published by Latvian news agency LETA on 9 June 2021 Conducted on 7 June 2021 Interviewer: Ingūna Ukenābele LETA: How would you describe the situation in the European economy at the moment? Rolf Strauch: It is now clear that the pandemic is coming to...

https://www.esm.europa.eu/speeches-and-presentations/impact-eu%E2%80%99s-pandemic-response-financial-markets-speech-j%C3%BCrgen-klaus Jürgen Klaus, ESM Team Lead Derivatives and Market Intelligence Presentation on “The impact of the EU’s pandemic response on financial markets” Riga Graduate School of Law webinar Online, 8 June 2021 (please check against delivery) Ladies and Gentlemen, let us take a look at the market impact of the...

https://www.esm.europa.eu/speeches-and-presentations/challenges-european-recovery-speech-rolf-strauch Rolf Strauch, ESM Chief Economist Keynote address “Challenges for the European recovery” Riga Graduate School of Law webinar Online, 8 June 2021 (please check against delivery) Ladies and Gentlemen, Good morning from Luxembourg, it is a pleasure to meet you today, if only virtually. I would like to...

https://www.esm.europa.eu/enhanced-surveillance-report-greece-june-2021 Tenth Enhanced Surveillance Report On 2 June 2021, the European Commission published the tenth enhanced surveillance report for Greece. The report is based on the findings of a mission held remotely on 20-21 April 2021 and regular dialogue with the authorities. The mission was conducted by the...

https://www.esm.europa.eu/press-conferences/klaus-regling-eurogroup-press-conference-lisbon-may-2021 Transcript of remarks by ESM Managing Director Klaus Regling Press conference after Eurogroup meeting Lisbon, 21 May 2021 A few remarks from the ESM perspective. Looking at the Commission forecast, I see that there's an unusually broad consensus among all the forecasters, also in the private markets...