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The result of the auction of 3 December 2024 for the 3-months Bills of the ESM was as follows:
Total Bids € 4,440.00 mn
Competitive bids € 2,397.00 mn
Non-competitive bids € 2,043.00 mn
Allotment / Issue volume € 1,098.97 mn

– Η Ελλάδα προχωράει με πρόωρη αποπληρωμή –ύψους σχεδόν 8 δισ. ευρώ– του πρώτου διμερούς δανείου που έλαβε από χώρες της Ευρωζώνης μέσω του μηχανισμού διευκόλυνσης (GLF), το 2010. Τι σηματοδοτεί αυτή η κίνηση και πώς βοηθάει την ελληνική οικονομία;

The European Stability Mechanism (ESM) will launch 3-months Bills of the European Stability Mechanism (ESM) by auction. An issue volume up to EUR 1.1 billion is envisaged.

Time schedule of the auction procedure:
Date of invitation to bid: Monday, 2 December 2024
Bidding period: Tuesday, 3 December 2024, from 8:00 a.m. until 12:30 p.m. CET
Value date: Thursday, 5 December 2024

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The Boards of Directors of the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) gave their consent today to the merger of the Hellenic Financial Stability Fund (HFSF) with the Hellenic Corporation of Assets and Participations (HCAP). 

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Authors: Martin Hahn (International Association of Insurance Supervisors), Bernhard Mayr (ESM)

The Boards of Directors of the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) agreed today to waive the mandatory repayment obligation of ESM/EFSF loans in connection with an early repayment to Greek Loan Facility (GLF) lenders.