EFSF tipped for long end tap after RFP post

Euro debt 230x150
By Burhan Khadbai
06 Nov 2019

SSA bankers expect the European Financial Stability to round off its funding programme next week with a tap of a bond in the long end.

On Wednesday, EFSF sent a request for proposals to a selection of banks ahead of its upcoming transaction, which is scheduled to take place next week.

EFSF has just €1.5bn to raise to reach its €20bn funding target for the year.

“It screams for a long end ...

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