News Headline Summary

ESM are to launch bill programme in January 2013

Says:
- ESM programme is to replace the existing EFSF bill programme.
- EFSF will no longer hold bill auctions.
- EFSF expected to raise EUR 55bln to EUR 60bln in long term issuance.
- EFSF to continue financing Ireland, Portugal, Greece programs.

19 Dec 2012 - 10:44 - Fixed Income - Source: Newswires

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