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Published in Börsen-Zeitung (Germany), 27 February 2020
Interviewer: Kai Johannsen
Original language: German
Börsen-Zeitung: Mr Anev Janse, the ESM is now a signatory of the United Nations Principles for Responsible Investments (UN PRI). What is the main reason for this?
Erscheinungstag: 27 Februar 2020
Interviewer: Kai Johannsen
Originalsprache: Deutsch
Börsen-Zeitung: Herr Anev Janse, der ESM ist nun Unterzeichner der United Nations Principles for Responsible Investments (UN PRI). Was ist der Hauptgrund dafür?
Introductory remarks: “Responding to uncertainty across Europe”
OMFIF 10th Economist Meeting
Frankfurt, 27 February 2020 (Please check against delivery)
Good morning,
We are living in a period in which global uncertainty (political, economic and policy related) seems to be the new normal, and shows no signs of abating. Look at the outbreak of the coronavirus, for example.
Klaus Regling, Managing Director of the ESM, said: “We consider that adhering to the Principles for Responsible Investment is an important and positive step forward in our institution‐wide ESG efforts.”
Mr Juncker was the president of the euro finance ministers (Eurogroup) when the agreement was reached in May 2010 to set up the euro area’s temporary rescue fund, the European Financial Stability Facility (EFSF).
Luxembourg - The European Stability Mechanism (ESM) on Tuesday raised €2 billion by issuing a new benchmark 10-year bond, and completed first quarter funding needs.
The spread of the 0.01% coupon bond, which matures on 4 March 2030, was fixed at mid-swaps minus 8 basis points, for a reoffer yield of -0.217%. The order book on the no grow bond was €2.4 billion. Barclays, Commerzbank and JP Morgan were lead managers on the transaction.
The spread of the 0.01% coupon bond, which matures on 4 March 2030, was fixed at mid-swaps minus 8 basis points, for a reoffer yield of -0.217%. The order book on the no grow bond was €2.4 billion. Barclays, Commerzbank and JP Morgan were lead managers on the transaction.