EFSF to crown busy week in new issues
The European Financial Stability Facility is set to crown a strong – although volatile – week in sovereign, supranational and agency bonds, with an eagerly awaited mandate. There have been new benchmarks from KfW, the Asian Development Bank (ADB), Inter-American Development Bank (IADB), among others, with Erste Abwicklungsanstalt (EAA) still to come. And all this in spite of the volatility caused by the uncertainty over Greek euro membership.
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