Management Board | ESM organisational structure
Lending Toolkit
Overview | Investment and Treasury | Internal Control Framework |
Risk Management | Internal Audit | Compliance and Ethics |
Code of Conduct | Administrative Tribunal (ESMAT) |
Regional Financing Arrangements (RFAs)
Environmental, Social and Corporate Governance (ESG) practices at the ESM
Shareholders | Board of Governors | Board of Directors |
Board of Auditors
The context | A temporary backstop | The programmes | The results
Governance rules | Guidelines | Lending documentation
Working at ESM | What we offer | Working in Luxembourg
Timeline | Overview | Explainer | Programme Conclusion
Timeline | Overview | Explainer
Funding Strategy | ESM Bills | ESM Bonds | N-Bonds
Funding Strategy | EFSF: An active issuer | EFSF Bonds | N-Bonds
Portugal will repay the principal of the loan tranches starting from 2025, and the repayment is scheduled to end in 2040.
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