Belfast Telegraph

EU bailout fund in big demand

The EU's bailout fund, the European Financial Stability Facility, attracted strong demand at an auction yesterday, the Bundestag said in a statement.

The German central bank, which was behind the auction, said it received bids of up to €5.2bn (£4.3bn) for €1.9bn (£1.6bn) of six-month bonds at an average interest rate of 0.2040%.