Bankers warn the eurozone rescue fund may meet lacklustre demand this week for a planned bond issue designed to finance the bail-out of Ireland.
The offering will provide a key test of investor sentiment after the announcement last week of new plans to tackle the eurozone debt crisis.
The bond from the European Financial Stability Facility will seek to raise €3bn and will be in 10-year bonds rather than a 15-year maturity because of worries over demand, say bankers. A 10-year bond is more likely to attract interest from Asian central banks than a longer maturity.
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