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Capital markets work on trust: the ESM builds stability in times of volatile markets
𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝘄𝗼𝗿𝗸 𝗼𝗻 𝘁𝗿𝘂𝘀𝘁.
€𝟴𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in paid-in capital.
€𝟮𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in liquidity.
As a 𝗹𝗲𝗻𝗱𝗲𝗿 𝗼𝗳 𝗹𝗮𝘀𝘁 𝗿𝗲𝘀𝗼𝗿𝘁 in the 𝗲𝘂𝗿𝗼 𝗮𝗿𝗲𝗮, the mandate of the ESM is to issue bonds to support member states experiencing difficulties on the financial markets.
Maintaining a close and continuous dialogue with our investors remains an essential part of the ESM’s approach to funding: these conversations help to understand 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗻𝗲𝗲𝗱𝘀, shape the institution’s 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆, and ensure its stays closely 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁𝘀.
The strength of the ESM is to build 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 in times of volatile markets. Staying flexible, responsive to markets, and closely aligned with investor demand, is key.
Afterall, in capital markets, 𝘁𝗿𝘂𝘀𝘁 𝗶𝘀 𝗲𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴.
#esmeuro
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The European Stability Mechanism (ESM) is the permanent crisis resolution mechanism for the countries of the euro area. Like its predecessor -- the temporary European Financial Stability Facility (EFSF) -- the ESM provides financial assistance to euro area Member States experiencing or threatened by financing difficulties.
