ESM-EFSF
-
The European Stability Mechanism headed to the five year part of the euro curve on Monday to complete its first quarter funding target. -
This week's funding scorecard looks at the progress Europe's supranationals and agencies have made in their funding programmes in the middle of February.
-
-
The euro public sector bond market has got off to a busy start to February. Three eurozone sovereigns have announced syndicated issues, while the European Financial Stability Facility made a €2bn intraday tap on Monday to round off its first quarter funding target.
-
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, January 18. The source for secondary trading levels is ICE Data Services.
-
-
The first public deals of the year in the long end of the euro curve from the supranational and agency sector arrived on Monday, with the trades receiving huge demand and pricing exceptionally tight to secondary levels.
-
This week's funding scorecard looks at the progress Europe's supranationals and agencies have made in their funding programmes as we approach the end of 2020, with most issuers also setting their funding targets for 2021.
-
The European Stability Mechanism and the European Financial Stability Facility have released their funding outlooks for next year, with both issuers set to borrow €3bn less than in 2020.
-
The Finnish financial sector wants to put the brakes on new measures aimed at completing the Banking Union, arguing that EU member states should move back into a clearly defined process of risk reduction.
-
Euro area finance ministers said on Monday evening that they would introduce a backstop for the Single Resolution Fund up to two years earlier than planned, following "substantial" risk reduction in the banking system.
-
This week's funding scorecard looks at the progress of Europe's supranationals and agencies in mid-November. Joining the scorecard this week is the European Union, which launched its Support to Mitigate Unemployment Risks in an Emergency (SURE) programme in October.
