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European Stability Mechanism:ESM completes 2024 funding, raises €2 billion with bond sale




ESM COMPLETES 2024 FUNDING, RAISES €2 BILLION WITH BOND SALE
23 September 2024
ESM Press Release no. 11/2024

Please find a link to the latest ESM press release: ESM completes 2024 funding, raises €2 billion with bond sale

Media Enquiries

Cédric Crelo

Head of Communications and Chief Spokesperson

Phone: +352 260 962 205

c.crelo@esm.europa.eu

Anabela Reis

Deputy Head of Communications and Deputy Chief Spokesperson

Phone: +352 260 962 551

a.reis@esm.europa.eu


George Matlock

Senior Financial Spokesperson

Phone: +352 260 962 232

g.matlock@esm.europa.eu

Juliana Dahl

Principal Speechwriter and Principal Spokesperson

Phone: +352 260 962 654

j.dahl@esm.europa.eu

About the ESM



The European Stability Mechanism (ESM) has the mandate to preserve financial stability in the euro area by providing financial assistance to Member States with severe financing problems. It is a permanent inter-governmental institution, operating since October 2012. The shareholders of the ESM are the 20 euro area Member States. All financial assistance to Member States is linked to appropriate conditionality. The ESM finances its assistance by issuing bonds and other debt instruments. It has a total subscribed capital of approximately €700 billion, which comprises €80 billion in paid-in capital and €624 billion in committed callable capital. The ESM’s maximum lending capacity is €500 billion.


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