Debt market
EFSF raises €6 billion in first bond sale of 2018
Order book for the offering reaches €13 billion
The Luxembourg-based European Financial Stability Facility (EFSF) – set up in 2010 by eurozone members as a temporary mechanism to solve financial crises in the region – raised on Wednesday €6 billion by selling a new February 2025 bond.
"Our seven-year transaction today was well received by high-quality investors," Siegfried Ruhl, EFSF head of funding and investor relations said in a statement. "The remaining funding needs of €8.5 billion will ensure our market presence in the remainder of the quarter."
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