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EFSF places 3-year bond


Press releases


Luxembourg – European Financial Stability Facility today placed a €3 billion 3-year benchmark bond maturing on 7 March 2016. The issuance spread at reoffer was fixed at mid swap minus 5 basis points. This implies a reoffer yield for investors of 0.584%.

Credit Suisse, J.P. Morgan and Morgan Stanley acted as lead managers for this issue.

Christophe Frankel, CFO and Deputy CEO stated "With today’s 3-year bond, EFSF is close to completing its announced funding target of €16.5bn for Q1 one month ahead of schedule. This quarter has been particularly well diversified in terms of issuance with maturities ranging from 3 to 25 years”.

Wolfgang Proissl

Wolfgang Proissl
Chief Spokesperson

+352 260 962 230

Anabela Reis

Anabela Reis
Deputy Chief Spokesperson

+352 260 962 551

George Matlock

George Matlock
Senior Financial Spokesperson

+352 260 962 232

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