Monday October 26, 2020

Eurozone bailout fund raises €1.5 billion via bond issue

Commercial investors have lent €1.5 billion to the Eurozone's bailout fund.

19th June, 2012

Commercial investors have lent €1.5 billion to the Eurozone's bailout fund at just 0.14 per cent interest, according to Bloomberg News.

Demand was so great that the European Financial Stability Facility (EFSF) could have raised double as much in the six-month bond issue - even though the fund was offering a lower interest rate than a month ago, Germany's central bank disclosed today in Frankfurt.

Last month's EFSF's issue of six-month bonds had a yield of...

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