EFSF could face sub Libor first funding finish

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EFSF could face sub Libor first funding finish

The European Financial Stability Facility (EFSF), which has received internal approval to raise the last chunk of its funding for the year, is most likely to plump for a three year deal to raise it, said bankers on Monday. Such a deal could produce its first benchmark reoffered at sub Libor levels.

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