Bloomberg News

EFSF May Start Debt Sales for Greek Aid in March, Official Says

February 21, 2012

Feb. 21 (Bloomberg) -- The euro area’s rescue fund will probably start selling debt in March to finance loans under Greece’s new 130 billion-euro ($172 billion) aid package, a European official said.

The European Financial Stability Facility may also return to the bond market next month to raise money for the next loan disbursements under the existing aid program for Ireland, the official told reporters today in Brussels on the condition of anonymity.

To contact the editor responsible for this story: Jonathan Stearns at jstearns2@bloomberg.net


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