Funding task confusion dogs EFSF ahead of triple deal week

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Funding task confusion dogs EFSF ahead of triple deal week

The European Financial Stability Facility (EFSF) is still expected to come to the market next week despite a lack of clarity surrounding the credit. A five year tranche and a longer tranche of 20, 25 or 30 years are anticipated, together with a bills auction likely to be announced on Friday for execution next Tuesday.

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