- ESM to be able to diversify into bank debt as it expands
- ESM to use derivatives for risk management purposes only
- ESM plans “plain vanilla” borrowing strategy to lure investments
Guidelnes in documents obtained by Bloomberg News.
EUR/USD up at 1.2935.
Sell orders reportedly clustered up at 1.2950/60. But also hearing talk of buy stops through 1.2955 (no real surprise given overnight high was 1.2953)
