March 07, 2017 BY Valentina Kirilova

European Stability Mechanism raises €3 billion in new 10-year bond

The European Stability Mechanism (ESM) today raised €3 billion in a new 10-year bond. The strong order book allowed the ESM to pre-fund €1 billion towards its funding needs for the remainder of the year. Siegfried Ruhl, ESM Head of Funding, commented: It is very pleasing to see such strong investor appetite for the ESM’s final…

Read more