EFSF issues €5 billion seven-year bond

10 July 2013

EFSF today placed a €5 billion seven-year benchmark bond maturing on 17 July, 2020. The issuance spread at reoffer was fixed at mid swap plus 26 basis points. This implies a reoffer yield for investors of 1.755 per cent.

Deutsche Bank, Goldman Sachs International and Natixis acted as lead managers for this issue. Today's issue has drawn strong demand, with more than €6.7 billion in orders received from investors worldwide.

Christophe Frankel, CFO and Deputy CEO, stated: “Today's transaction is an excellent start to this quarter. We expect to raise €13 billion in Q3 and our next potential issuance window will be the week of 22 July”.

Press release

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