ESM and EFSF funding to dip in 2020
The total funding needs of the European Stability Mechanism and the European Financial Stability Facility is expected to drop next year.
The supranationals will raise a combined €27.5bn next year for refinancing needs, according to preliminary figures revealed by Kalin Anev Janse, ESM’s chief financial officer, in an interview with Germany’s Börsen-Zeitung.ESM and ESFSF are expected to borrow €8bn and €19.5bn respectively in 2020. The issuers raised ...
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