EFSF surfs intervention hopes with €1bn tap

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EFSF surfs intervention hopes with €1bn tap

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The European Financial Stability Facility (EFSF) sold a €1bn tap of its 2.625% May 2019s on Wednesday, providing a rare sighting of benchmark-sized primary market activity in a week where secondary government bond markets have been dogged by volatility in Europe’s periphery.

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