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EFSF issues 5-year bond


Press releases


Luxembourg – The European Financial Stability Facility (EFSF) today placed a €4 billion 5-year benchmark bond maturing on 31 July 2018. The issuance spread was fixed at mid swap plus 15 basis points. This implies a reoffer yield for investors of 1,331%.

Barclays, Citi and Credit Suisse acted as lead managers for this issue.

Today's issue was met with solid demand, with more than €6.1 billion in orders received from investors worldwide.

Christophe Frankel, CFO and Deputy CEO stated: “We decided to limit the size of today’s transaction to €4 billion as we have now already completed €9 billion out of €13 billion targetted this quarter. There will be three more issuance windows for the remainder of Q3, the next one being the week of 26th August”.

Anabela Reis

Anabela Reis
Acting Head of Communications and Acting Chief Spokesperson

+352 260 962 551

 Niels Bünemann

Niels Bünemann
Senior Spokesperson

+352 260 962 392

George Matlock

George Matlock
Senior Financial Spokesperson

+352 260 962 232

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