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EFSF issues €4 billion 10-year bond

12/02/2014
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Press releases

EFSF

Luxembourg – The European Financial Stability Facility (EFSF) placed today a €4 billion 10-year bond maturing on 19 February 2024. The issuance spread was fixed at mid swap plus 24 basis points. This implies a reoffer yield for investors of 2.150%. The coupon rate is 2.125%.

Barclays, BNP Paribas and J.P. Morgan acted as lead managers. The issue has drawn strong demand, with €5.3 billion in orders received from investors worldwide.

Christophe Frankel, CFO and Deputy CEO said: “This second transaction of the year for the EFSF shows that we are well on track, having now completed €12 billion out of the €34.5 billion target for this year.

Our next scheduled potential issuance window will be the week of 24-28 February and it may be used for either the EFSF or ESM”.

Wolfgang Proissl

Wolfgang Proissl
Chief Spokesperson
 

+352 260 962 230

Anabela Reis

Anabela Reis
Senior Spokesperson / Financial Press Spokesperson
 

+352 260 962 551

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