| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Memo |
| Series Details | MEMO/11/593 (12.9.11) |
| Publication Date | 12/09/2011 |
| Content Type | News, Overview |
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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. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/593&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Countries / Regions | Europe |
