|Source: Thomson Reuters Datastream|
Chart: 10y EFSF-German Bund Yield Spread; Moody's Affirms EFSF Aaa Rating, Stable Outlook
2/14/2012 03:23:00 AM
Moody's Investors Service "affirmed its provisional (P)Aaa long-term debt rating with a continued stable outlook for the debt issuance programme of the European Financial Stability Facility (EFSF)." It mentioned that it downgraded and lowered its outlook on Euro nations that are part of the EFSF's "guarantor pool" (France has 21.8%, Italy 19.2%, Spain 12.7%, and Austria 3%). Germany guarantees 29% of the fund. I found a Thomson Reuters chart (as of 2/14/2012) of the EFSF 10-year yield - German Bund yield spread and the 10y France -German Bund yield spread. The chart is here.