ESM and EFSF funding to dip in 2020

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By Burhan Khadbai
09 Dec 2019

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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