by Tue, 25 Jan 2011 11:02:00 +0100
EFSF gears up for first bond sell
FXstreet.com (Barcelona) - The European Financial Stability Fund will sell about 5B euros today. The bonds are backed by euro members and the capital will pay for Ireland's bailout.
Markets see this as a step forward in the region's debt crisis and responded bolstering the common currency.
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