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After the placements via the syndicate, Brussels places 5-year securities for 2.5 billion directly to investors and receives more than double requests. But the returns can still be filed down
by Maximilian Cellino
On paper they are just 2.5 billion euros: a drop in the ocean of bond markets and very little respect to the 800 billion of the Next Generation Eu plan to be financed through the issue of bonds. The one made on Monday 27 September by the European Commission, which for the first time placed medium / long-term securities (5 years to be exact) through a “public” auction and not with the help of a syndicate of banks, but it is another small step taken by Brussels to …