Memo: EU to issue new 10 year benchmark bond for Portugal this week

Author (Corporate)
Series Title
Series Details MEMO/11/593 (12.9.11)
Publication Date 12/09/2011
Content Type ,

On the week of 12 September 2011 the European Union (EU) will issue a benchmark bond with 10 years maturity to fund lending to Portugal granted under the European Financial Stabilisation Mechanism (EFSM). In this context the EU/EFSM and the European Financial Stability Facility (EFSF) have updated and coordinated their 2011 bond issuance calendars, for the purpose of funding loans to Ireland and Portugal as agreed in the respective financial assistance packages.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/593&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: Memo/11/604: EU issued € 5 billion 10y bond to finance loan for Portugal http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/604&format=HTML&aged=0&language=EN&guiLanguage=en

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