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The European Financial Stability Facility......>

EFSF
MNI (London)
EFSF: The European Financial Stability Facility (EFSF) said Tuesday it raised
E997.25mln in a tap of a 5-year bond, completing its funding needs for the third
quarter.
- "The auction of the 2021 bond was very well received by the market, allowing
the EFSF to raise the outstanding volume to around E5bln, after an earlier tap
in March. The size increase provides welcome liquidity for investors in the
secondary market," said Siegfried Ruhl, EFSF Head of Funding and Investor
Relations.
- The weighted average price on the auction of the 0.1% bond was 101.00, for an
average yield of minus 32 basis points. The bid/cover ratio was 5.6. Bids for
the auction were transmitted through the Bundesbank's EFSF Bidding system (EBS).

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