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Boesen-Zeritung is quoting Kalin.......>

GERMAN PRESS
GERMAN PRESS: Boesen-Zeritung is quoting Kalin Anev Janse from the ESM regarding
the upcoming dollar issue (announced this morning)
- The ESM wants to tap the dollar market regularly and "start building out a
small curve in dollars in the short end of the curve" referring to the 2Y, 3Y
and 5Y.
- Janse sees ESM as a strategic dollar issuer and speaks of one or two
benchmarks a year of $2 to 3 billion but more if these are cheap issues.

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