The bailout fund issues three-month bonds for the first time, after having sold bonds worth around three billion euros in the November XNUMX-year auction
The bailout fund EFSF launches its first three-month bond issue: today it places bonds to raise up to 2 billion euros, as part of a short-term program designed to give "more flexibility" to the fund's instrument.
The short-term program complements the long-term one. With the last issue in November, the EFSF had sold ten-year bonds for around three billion euros.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
