EU bailout fund sees high demand for 5-year bonds

EU Business Wednesday 21st March, 2012

) - The EU's bailout fund, the EFSF, successfully placed 4.0 billion euros ($5.3 billion) in five-year bonds on Wednesday, with demand far outstripping the amount of bonds on offer. The five-year bond offer, maturing on May 15, 2017, "was met with strong demand with orders received of approximately 12.8 billion euros from investors around the worl...

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