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27 November 2012

EFSF places €7 billion one-year bond


The European Financial Stability Facility (EFSF) placed a €7 billion one-year benchmark bond maturing on 3 December, 2013. The issuance was priced at a re-offer yield for investors of 0.22 per cent.

This inaugural one-year bond from EFSF was met with exceptionally strong demand, with close to €9 billion in orders received from investors around the world.

Christophe Frankel, CFO and Deputy CEO of EFSF, stated: “Today’s one-year bond has allowed us not only to complete the remaining €3.6 billion from this year’s funding programme but also to gain a head start for 2013".

JP Morgan, Morgan Stanley and Natixis acted as lead managers for this issue, and Deutsche Finanzagentur acted as Issuance Agent.

Press release



© EFSF - European Financial Stability Facility


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