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26 April 2012

20年債を発行するEFSF(欧州金融安定ファシリティ)


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The European Financial Stability Facility today tapped a 20-year bond, launched on 19 March 2012 maturing on 30 March 2032, for an amount of €1 billion. The issuance spread at re-offer was fixed at mid swap plus 105 basis points. This implies a re-offer yield for investors of 3.681 per cent.


It is the first time that EFSF has tapped an outstanding bond. Barclays, Goldman Sachs and Unicredit acted as lead managers for this tap, and Deutsche Finanzagentur acted as Issuance Agent.

Christophe Frankel, Deputy CEO and CFO, stated: “EFSF’s first tap of an existing bond comes in reaction to strong reverse inquiries from key investors. It also provides a complement at the long end of the curve.”

The funds raised will be used to support the financial assistance programmes for Ireland, Portugal and Greece. In November 2011, EFSF adopted a new diversified funding strategy. One consequence of this strategy is that funds are no longer attributed to a particular country. The funds are pooled and then disbursed to the programme countries.

Press release



© EFSF - European Financial Stability Facility


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