EFSF Five-Year Bonds Said to Yield 38 Basis Points Over Swaps

The European Financial Stability Facility’s sale of 4 billion euros of five-year bonds will be priced to yield 38 basis points more than the benchmark mid-swap rate, according to a banker involved in the deal.

To contact the reporter on this story: Esteban Duarte in Madrid at eduarterubia@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.