Funding
Luxembourg-based EFSF raises €3 billion through bond sale
Facility still needs €1 billion in funding for first quarter of 2018
The Luxembourg-based European Financial Stability Facility (EFSF) – a body that has provided funding assistance to Ireland, Portugal and Greece – has raised €3 billion by selling a new 10-year bond.
It leaves the EFSF with just €1 billion in funding needs for the remainder of this quarter, it said in a statement on Wednesday.
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