Financial stability
EFSF completes 2018 funding, raises €4 bn in new bond
Luxembourg-based temporary crisis resolution mechanism still operates, despite formal duties being overtaken by European Stability Mechanism in 2012
The Luxembourg-based European Financial Stability Facility (EFSF) has raised €4 billion in a new 5-year benchmark bond, completing its funding needs for 2018.
In a statement on Tuesday, EFSF said order books for the bond, maturing on 17 January 2024, exceeded €5.3 billion.
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