EFSF planning bond as chief debtor Greece struggles on

April 20, 2015 2:05 PM

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LONDON, April 20 (IFR) - The European Financial Stability Facility has launched a bond transaction at a time when its largest debtor, Greece, is at a key stage of bailout negotiations that could decide whether or not it defaults on its debt.

Out of the 300bn-plus of Greek government debt, 141.9bn is owed to the EFSF, Europe's crisis management mechanism, according to RBC Capital Markets research.

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