ESM picks dollars to wrap up 2018 funding

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ESM picks dollars to wrap up 2018 funding

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Background of 100 dollar bills | oleh11 - stock.adobe.com

The European Stability Mechanism mandated banks on Monday for its second ever dollar benchmark, following the launch of its dollar programme last year. The supranational will likely issue a size of $3bn to complete its funding needs for the year, according to SSA bankers.

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