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EFSF raises €3 billion in new 6-year bond

Press releases
EFSF

Luxembourg – The European Financial Stability Facility (EFSF) on Tuesday raised €3 billion with a new October 2023 benchmark bond, with total books in excess of €8.8 billion.

“Rapid growth in the order book enabled the EFSF to close the books after around an hour. Very strong investor interest for this new bond allowed us to price it without a premium, delivering considerable budget savings for our programme countries,” said Siegfried Ruhl, EFSF Head of Funding and Investor Relations.

The spread of the 0.125% issue was fixed at mid-swaps minus 25 basis points, implying a reoffer yield of 0.135%. Barclays, BNP Paribas and Goldman Sachs were joint lead managers for the deal.
 

Contacts

Cédric Crelo
Head of Communications and Chief Spokesperson
+352 260 962 205

Anabela Reis
Deputy Head of Communications and Deputy Chief Spokesperson
+352 260 962 551

George Matlock
Senior Financial Spokesperson
+352 260 962 232

Juliana Dahl
Senior Economic Spokesperson
+352 260 962 654