EFSF starts post-Cyprus curve rebuild with jumbo 10 year

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EFSF starts post-Cyprus curve rebuild with jumbo 10 year

The European Financial Stability Facility (EFSF) priced on Thursday a €5bn 10 year benchmark as it starts to build a new curve of tappable benchmarks following the bail-out of Cyprus. The deal came at the tight end of guidance having attracted a hefty order book – despite heavy SSA supply in the euro market this week.

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