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Luxembourg – The European Stability Mechanism (ESM) has appointed Pierre-Henri Floquet to the position of Head of Asset & Liability Management (ALM) and Lending. Since 2014, Mr Floquet had been working as Senior Banking Expert at the ESM.
Luxembourg – The European Stability Mechanism on Tuesday raised €5 billion in a dual-tranche transaction, issuing a new 26-year bond, and tapping an existing 10-year bond.
On 12 July 2016, ESM tapped a 10 year bond initially issued on 02 March 2016 bringing the total size to €5.5 billion.