Investor Presentaiton
LONG-TERM FUNDING
03-13.04%
0001-50.00% 0
0.0003 14.29% C
0.0005-12.50
FLAGSHIP PRODUCTS
Highly liquid € benchmark bonds
•
Flagship product with regular presence
in all parts of the curve
ESM up to longest loan with maximum
limit of 45 years, EFSF<2070
Use of taps to increase liquidity
•
Syndication and auction.
NEDOR
STRATEGIC PRODUCTS
USD market
Strategic tool utilised
subject to market
conditions and funding
needs
Issuance format:
RegS/144A
All proceeds swapped
back to euros
N-bonds
Minimum issue size:
€25 million
Maturity: Maximum
limit of 45 years,
EFSF<2070
Frequency: Issuance via
reverse enquiry
Distribution: Via
ESM/EFSF market group
members
The EFSF and ESM are included in the major SSA and government bond indices
such as ICE BofAML, J.P. Morgan, iBoxx, FTSE and Barclays
16
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