- 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 - 04:44 - Fixed Income - Source: Newswires
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