EFSF bond anticipates huge investor demand

first_img EFSF bond anticipates huge investor demand alison.lock Show Comments ▼ whatsapp The European Union’s bailout fund is expecting overwhelming investor demand as it prepares for its first-ever bond issue tomorrow.The €5bn (£4.25bn), five-year European Financial Stability Facility bond is already said to be multiple times oversubscribed by investors’ initial bids.Some sources have told Reuters that orders for the bond are already in excess of €20bn.An investor call arranged by the bond’s co-lead managers, Citigroup, HSBC and SG CIB on Monday had over 400 listeners, one source said.The EFSF bond is to be a maximum of €5bn and the order books officially open at 8am UK time.Investors have been told the spread would be in the range of mid-swaps plus eight basis points when the trade is officially announced. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads whatsappcenter_img Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Monday 24 January 2011 2:58 pm Tags: NULLlast_img read more