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"Euro at 25: Past Challenges, Future Opportunities"
Find here the presentation: THE EURO@25 - PAST CHALLENGES, FUTURE OPPORTUNITIES
Today ESM, the European Stability Mechanism, rated Aaa (Moody’s) / AAA (Fitch) / AAA (S&P), has sent a Request for Proposal to a selection of banks from the EFSF/ESM Market Group with regards to an upcoming transaction, subject to market conditions.
(Luxembourg) - The European Financial Stability Facility (EFSF) raised €5 billion on Tuesday in a dual-tranche bond transaction – completing its €20 billion long-term funding programme for 2024.
The EFSF raised €3 billion in a new long 3-year 2.5% bond, maturing on 15 December 2027. The spread was fixed at mid-swaps plus 4 basis points, for a reoffer yield of 2.594%. The order book was above €6.25 billion, excluding joint lead manager interest.
The European Financial Stability Facility (EFSF) raised €5 billion on Tuesday in a dual-tranche bond transaction – completing its €20 billion long-term funding programme for 2024.
Introductory remarks at panel discussion “Fiscal-monetary interactions – lessons from the recent experience”
Meeting of European Economic Association and European Econometric Society
Rotterdam, 27 August 2024
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Value should not be gauged solely in terms of the short-term viability of an enterprise. One should also look farther afield at its resilience to unexpected shocks and its long-term sustainability.
Today, EFSF, the European Financial Stability Facility, rated Aaa (Moody’s) / AA- (Fitch) / AA- (S&P), has sent a Request for Proposal to a selection of banks from the EFSF/ESM Market Group with regards to an upcoming transaction, subject to market conditions.