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The European Financial Stability Facility (EFSF) today conducted a tap of its 0.625% bond maturing on 16 October 2026 through an auction, and completed its third quarter funding needs with the transaction.
The deal raised €999.80 million, bringing the total size of the bond to €3,999.80 million. The EFSF targeted to raise €5 billion in the third quarter.
The European Financial Stability Facility reopened the 0.625 % Bond of the EFSF launched on 10 April 2018 bringing the new total issue volume to €3.99980 billion.
(Luxembourg) - The European Financial Stability Facility (EFSF) today conducted a tap of its 0.625% bond maturing on 16 October 2026 through an auction, and completed its third quarter funding needs with the transaction.
The deal raised €999.80 million, bringing the total size of the bond to €3,999.80 million. The EFSF targeted to raise €5 billion in the third quarter.
On 29 July 2020, The European Financial Stability Facility will reopen the 0.625 % Bond of the EFSF launched on 10 April 2018 and maturing on 16 October 2026, using an auction procedure. An increase up to €1 billion is envisaged for the issue. The current issue volume of the Bond amounts to €3 billion.
ISIN: EU000A1G0D88
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 28 July 2020
Bidding period: Wednesday, 29 July 2020 from 8:00 a.m. until 12:30 p.m. CET