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EFSF taps short and long end despite Bund volatility

14 May 2015

On Wednesday the European Financial Stability Facility (EFSF) completed 2017 and 2045 dual-tranche taps, raising EUR2.75bn compared to the planned EUR2bn combined minimum size it had announced on Tuesday, which coincided with an 8bp decline in 10-year Bund yields.

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