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EFSF mandate

EUROZONE ISSUANCE
  • “Today, EFSF, the European Financial Stability Facility has sent a Request for Proposal to a selection of banks from the EFSF/ESM Market Group with regards to an upcoming transaction, subject to market conditions.”
  • Note MNI had pencilled in an ESM syndication for next week - and this transaction will take place instead.
  • We don't have a strong view on the maturity on offer.

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