The long-term eurozone bailout fund (ESM) made its debut today on the debt markets by issuing 1.927

The long-term eurozone bailout fund (ESM) made its debut today on the debt markets by issuing 1.927 billion in Treasury bonds shortly after Japan to remain a major investor in European financial rescue project. The European Stability Mechanism (ESM) has enjoyed strong demand from investors at its first auction of short-term debt, suggesting a change in the way will be funded eurozone countries with unsustainable borrowing costs.
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