EFSF Completes Q2 Long-Term Funding, Raises Euros4.5 Billion in Two Bond Deals
April 22, 2020
April 22, 2020
LUXEMBOURG CITY, Luxembourg, April 22 -- The European Stability Mechanism issued the following news release:
The European Financial Stability Facility (EFSF) completed its second quarter funding needs with a dual-tranche transaction on Monday, raising the full Euros4.5 billion it had targeted.
The EFSF raised Euros3 billion in a new 3-year 0% benchmark bond, maturing on 24 April 2023. The spread was fixed at mid-swaps plus 4 basis points, for a reoffer yield of -0.226%. . . .
The European Financial Stability Facility (EFSF) completed its second quarter funding needs with a dual-tranche transaction on Monday, raising the full Euros4.5 billion it had targeted.
The EFSF raised Euros3 billion in a new 3-year 0% benchmark bond, maturing on 24 April 2023. The spread was fixed at mid-swaps plus 4 basis points, for a reoffer yield of -0.226%. . . .