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The following issue went on sale today:

Issuer: The European Financial Stability Facility (EFSF) Manager(s): Citigroup


UniCredit SpA Amount: 4 billion euros Coupon: 2 percent Maturity: May 15, 2017 Settlement: March 28, 2012 Re-offer: 99.703 Spread: 105.1 basis points more than German governments

38 basis points over mid-rate swaps

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