FRANKFURT (MNI) – Germany’s Federal Finance Agency will support the
treasury operations of the European Financial Stabilization Fund, an
agency spokesman said Tuesday.
“The German Finance Agency will support the treasury operations of
the European Financial Stabilization Fund [Facility]. The Agency is
responsible for the day-to-day debt management operations of the Federal
Republic,” the spokesman wrote in an email to Market News International.
The agency would sell bonds “on behalf of the special purpose
vehicle,” he said, stressing, however, that this business would be
carried out separately from the agency’s sale of German sovereign bonds.
–Frankfurt bureau; +49-69-720142; frankfurt@marketnews.com
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