Search

Link to the event: Public Conference - Banking on Europe: Holding Pan-European Public Borrowers to Account - FHSE EN (uni.lu)

Today ESM, the European Stability Mechanism, rated Aaa (Moody’s) / AAA (Fitch) / AAA (S&P), has sent a Request for Proposal to a selection of banks from the EFSF/ESM Market Group with regards to an upcoming transaction, subject to market conditions.

The result of the auction of 5 March 2024 for the 3-months Bills of the ESM was as follows:

Total Bids € 2,613.00 mn
Competitive bids € 811.00 mn
Non-competitive bids € 1,802.00 mn
Allotment / Issue volume € 1,049.62 mn

SMEs account for 99% of all businesses in the European Union (EU), employ around 100 million people, and are an essential source of entrepreneurship and innovation, making them central to Europe’s economic development model.[1] Accordingly, Europe needs them strong to achieve its transition to a sustainable economy and harness the full potential of new technologies, such as artificial

Kalin Anev Janse, Chief Financial Officer, ESM

Presentation: ESM London Event: a CFO perspective

Event: London event

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, 4 March 2024
Bidding period: Tuesday, 5 March 2024, from 8:00 a.m. until 12:30 p.m. CET
Value date: Thursday, 7 March 2024

The ESM Research team is pleased to invite you to attend the hybrid seminar on: