Search
Global Capital “Crisis Talks” Series, conducted 6 July 2020
Published 15 July 2020
Interviewer: Burhan Khadbai
Firstly, how does this crisis compare to the eurozone sovereign debt crisis or indeed any other crisis that Europe has faced?
ESM Chief Financial Officer Kalin Anev Janse
Interviewed by Arend Jan Boekestijn and Tim de Wit on 9 July 2020
Dutch state broadcaster NPO’s podcast series Europa Draait Door
Language: Dutch
Publication date: 10 July 2020.
Full episode can be heard on the NPO website here.
Video press conference after Eurogoup meeting
9 July 2020
The European Financial Stability Facility (EFSF) raised €4 billion with the sale of a new benchmark long 5-year bond, raising the majority of its third quarter scheduled funding target of €5 billion.
For the new 0% coupon bond, maturing on 15 October 2025, the spread was fixed at mid-swaps minus 10 basis points, for a reoffer yield of -0.426%. The order book was in excess of €11 billion, excluding interest from the joint lead managers Barclays, Deutsche Bank and Morgan Stanley.
(Luxembourg) - The European Financial Stability Facility (EFSF) raised €4 billion with the sale of a new benchmark long 5-year bond, raising the majority of its third quarter scheduled funding target of €5 billion.
For the new 0% coupon bond, maturing on 15 October 2025, the spread was fixed at mid-swaps minus 10 basis points, for a reoffer yield of -0.426%. The order book was in excess of €11 billion, excluding interest from the joint lead managers Barclays, Deutsche Bank and Morgan Stanley.
(Luxembourg) - The Board of Directors of the European Financial Stability Facility (EFSF) decided today to reduce to zero the step-up margin accrued by Greece for the period between 1 January 2020 and 17 June 2020, as part of the medium-term debt relief measures agreed for the country in 2018. The value of the reduction amounts to €103.64 million.