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(Luxembourg) - The European Financial Stability Facility (EFSF) raised €4 billion on Monday with a new long 5-year bond issue, as it opened its €7 billion second quarter funding programme.

The EFSF issued €4 billion of 0% bond maturing on 20 July 2026. The spread was fixed at mid-swaps minus 10 basis points, for a reoffer yield of -0.405%.

(Luxembourg) - The European Stability Mechanism (ESM) raised €2 billion on Monday with a new long 10-year bond issue, completing its second quarter funding needs.

The ESM issued €2 billion of the 0.01% bond maturing on 15 October 2031. The spread was fixed at mid-swaps minus 10 basis points, for a reoffer yield of 0.029%.

The order book was over €12 billion, excluding joint lead manager interest.

(Luxembourg) - The European Financial Stability Facility (EFSF) today conducted a tap of its 0% bond maturing on 15 October 2025 through an auction, raising nearly €1 billion towards its €7 billion second quarter funding needs with the transaction.

The deal raised €998.30 million, bringing the total outstanding size of the bond to €4,998.30 million.

(Luxembourg) - The European Financial Stability Facility (EFSF) raised €2.5 billion on Monday with a tap sale of an April 2024 bond, as it completed its €7 billion second quarter funding target.

The EFSF bond sale takes the outstanding issue of 0% 19 April 2024 paper to €5.5 billion. The spread was fixed at mid-swaps minus 6 basis points, for a reoffer yield of -0.479%.

The order book was in excess of €9.4 billion, excluding joint lead manager interest.

(Luxembourg) - The ESM has appointed Cédric Crelo to the position of Head of Communications and Chief Spokesperson as of 1 September 2021.

The Board of Governors of the European Stability Mechanism (ESM) held its ninth Annual Meeting today in Luxembourg. The Board approved the ESM Annual Report for 2020 and discussed the main developments of the ESM over the past year and its key activities, including funding, investment and lending. The Board of Governors comprises the 19 euro area finance ministers.