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On Thursday, 13 June, at 12:00 CEST, the ESM will publish “Safeguarding the euro in times of crisis: The inside story of the ESM”. The book tells the story of how the ESM and its temporary predecessor, the European Financial Stability Facility (EFSF), were founded during the European sovereign debt crisis. Sign up to receive a copy of the book.

ESM book SAFEGUARDING THE EURO IN TIMES OF CRISIS: The inside story of the ESM is now online

Luxembourg – The European Financial Stability Facility (EFSF) today conducted a tap of its 0.5% 8-year bond maturing on 20 January 2023 through an auction. The deal raised €968.5 million, bringing the total size of the bond to €3,968.5 million.

“Today’s auction met with excellent investor demand, allowing the EFSF to tap the bond by nearly €1 billion. This covers the remaining funding needs for the second quarter and supports liquidity in the secondary market,” said Siegfried Ruhl, EFSF Head of Funding and Investor Relations.