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EFSF issues benchmark €3 billion 10-year bond


Press releases


Luxembourg – The European Financial Stability Facility (EFSF) placed today a €3 billion 10 -year benchmark bond maturing on 27 June 2024. The issuance spread was fixed at mid swap plus 19 basis points. This implies a reoffer yield for investors of 1.811%. The coupon rate is 1.75%

Deutsche Bank, Morgan Stanley and Nomura acted as lead managers. The issue has drawn high quality demand, approaching €5 billion in orders received from investors worldwide.

Christophe Frankel, CFO and Deputy CEO said: “Anticipating good investor demand, we concluded the time was right to add this 10-year euro benchmark for the EFSF. It’s a good reference point at the long end of the curve and we’re very pleased by the appetite of our investor base.”

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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