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The European Stability Mechanism (ESM) attracted strong demand for its new 5-year maturity bond on Monday, with order books six times the €2 billion sold.
The no-grow 1% 23 June 2027 bond achieved an order book in excess of €12.7 billion, excluding joint lead manager interest.
The spread was fixed at mid-swaps minus 25 basis points, for a positive reoffer yield of 1.104%.
(Luxembourg) - The European Stability Mechanism (ESM) attracted strong demand for its new 5-year maturity bond on Monday, with order books six times the €2 billion sold.
The no-grow 1% 23 June 2027 bond achieved an order book in excess of €12.7 billion, excluding joint lead manager interest.
The spread was fixed at mid-swaps minus 25 basis points, for a positive reoffer yield of 1.104%.
ESM Chief Economist Rolf Strauch will participate in a panel discussion "Macroeconomic Outlook – Europe’s path to growth" at the 2nd Annual European Financial Integration Conference organised by AFME and OMFIF. The following topics will be discussed:
ESM Chief Economist Rolf Strauch will participate in the panel session "From shock to shock. Resilience and inequality" at the International Economics Festival in Turin on 1 June.
Other speakers in the panel include:
- Beata Javorcik – Chief Economist, EBRD
- Friederike (Fritzi) Köhler-Geib - Chief Economist, KFW
- Debora Revoltella – Chief Economist, EIB
- Natacha Valla, Dean, Science-Po School of Management and Innovation
The European Stability Mechanism (ESM) will launch 6-months Bills of the European Stability Mechanism (ESM) by auction. An issue volume up to EUR 1.1 billion is envisaged.
Time schedule of the auction procedure:
Date of invitation to bid: Monday, 16 May 2022
Bidding period: Tuesday, 17 May 2022, from 8:00 a.m. until 12:30 p.m. CET
Value date: Thursday, 19 May 2022
Publicada no Jornal de Negócios (Portugal)
12 Maio 2022
Entrevistadores: Hugo Neutel, Susana Paula
Língua Original: Inglês
Jornal de Negócios: Com a subida das taxas de juro, há o risco de que os encargos com a dívida pública se tornem muito difíceis de gerir?
Published in Jornal de Negócios (Portugal)
12 May 2022
Interviewer: Hugo Neutel, Susana Paula
Original language: English
Jornal de Negócios: With interest rates rising, is there not a risk that the burden of public debt will become very difficult to manage?
The ESM, the European Stability Mechanism, rated Aa1 (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.
Klaus Regling, ESM Geschäftsführender Direktor
“Die Währungsunion in einer sich verändernden Welt”
70 Jahre Börsen-Zeitung
Luxemburg, 10 Mai 2022
(Es gilt das gesprochene Wort)
Guten Abend,
zunächst einen verspäteten, aber dennoch herzlichen Glückwunsch an die Börsen-Zeitung zum 70-jährigen Bestehen.