A Financial Assistance Facility Agreement is signed by the EFSF and the beneficiary Member State establishing the financial terms of the support in compliance with the policy conditions.
Greece
Master Financial Assistance Facility Agreement – Greece
Financial Assistance Facility Agreement – PSI LM Facility
Financial Assistance Facility Agreement – Bond Interest Facility
Ireland
Master Financial Assistance Facility Agreement – Ireland
Portugal
Master Financial Assistance Facility Agreement – Portugal
as of 17 May 2013
in € billion
| Already disbursed | Remaining amount available |
Max. total1 | |||
| Ireland | 12.8 | 4.9 | 17.7 | ||
| Portugal | 19 | 7 | 26 | ||
| Greece | 120 | 23.6 | 144.6 | ||
| - PSI participation2: |
PSI sweetener | 29.7 | 03 | 30 | |
| Accrued Interest | 4.8 | 03 | 5.5 | ||
| Total | 34.5 | 0 | 35.5 | ||
| - Second Programme: |
Bank recapitalisation | 41 | 92 |
502 | |
| Rest of Programme | 44.5 | 14.6 | 59.1 | ||
| Total | 85.5 |
23.6 |
109.1 | ||
1 As a temporary operation, EFSF provided the Eurosystem with bonds amounting to €35 billion as collateral during Greece's selective default period due to the PSI operation. These bonds were returned to the EFSF on 25 July 2012 and were cancelled on 3 August 2012.
2 As the most recent European Commission report specifies that the total needs of the Greek banking sector amount to €48.2 bn, the remaining (max.) total expected to be disbursed is € 7.2 bn
3 Residual amounts committed were not used by Greece.
4 Amounts disbursed to Ireland and Portugal are net amounts.
| Beneficiary country | Date of disbursement | Amount disbursed | Maturity |
| Ireland | 01/02/2011 | €3.6 billion | 18/07/2016 |
| 10/11/2011 | €3 billion | 04/02/2022 | |
| 15/12/2011 | €1 billion | 23/08/2019 |
|
| 12/01/2012 | €1.2 billion | 04/02/2015 5 | |
| 19/01/2012 | €0.5 billion | 19/07/2041 | |
| 03/04/2012 | €2.7 billion |
03/04/2037 |
|
| 02/05/2013 | €0.8 billion | 02/05/2029 | |
| Current average maturity 13.15 years | |||
5 Interim Financing, to be rolled-over. The final maturity (provided to be a max. average maturity of 15yrs) will be known once the Definitive Long-Term funding have been performed
| Portugal | 22/06/2011 | €3.7 billion | 05/07/2021 |
| 29/06/2011 | €2.2 billion | 05/12/2016 | |
| 20/12/2011 | €1 billion | 23/08/2025 |
|
| 12/01/2012 | €1.7 billion | 04/02/2015 6 | |
| 19/01/2012 | €1 billion | 19/07/2026 | |
| 30/05/2012 | €5.2 billion | 30/05/2032 | |
| 17/07/2012 | €2.6 billion | 17/07/2038 | |
| 03/12/2012 | €0.8 billion | 03/12/2028 | |
| 07/02/2013 | €0.8 billion | 07/02/2022 | |
| Current average maturity 14.66 years | |||
6 Interim Financing, to be rolled-over. The final maturity (provided to be a max. average maturity of 15yrs) will be known once the Definitive Long-Term funding have been performed
| Greece (2nd programme) |
|||
| - PSI7 | various dates9 | €29.7 billion | 24/02/20428 |
| - Accrued interest | various dates10 | €4.8 billion | 28/08/20378 |
| Instalment 1 - Tranche 1 | 19/03/2012 | €5.9 billion | 19/03/2047 |
| Instalment 1 - Tranche 2 | 10/04/2012 | €3.3 billion | 10/04/2041 |
| Instalment 1 - Tranche 3 (Bank recapitalisation) |
19/04/2012 | €25 billion | 19/04/204614 |
| Instalment 1 - Tranche 4 |
10/05/2012 | €4.2 billion | 10/05/2042 |
| Instalment 1 - Tranche 5 |
28/06/2012 | €1 billion | 28/06/2040 |
| Instalment 2 - Tranche 1 |
17/12/2012 | €11.291 billion | 17/06/204211 |
| Instalment 3 - Tranche 1 |
17/12/2012 | €7 billion | 17/12/204612 |
| Instalment 3 - Tranche 2 (bank recapitalisation) |
19/12/2012 | €16 billion | 13* |
| Instalment 3 - Tranche 3 | 31/01/2013 | €2 billion | 31/01/2043 |
| Instalment 3 - Tranche 4 (bank recapitalisation) | Pending disbursement | ||
| Instalment 3 - Tranche 5 | 28/02/2013 | €2.8 billion | 28/02/2044 |
| Instalment 3 - Tranche 6 | 03/05/2013 | €2.8 billion | 03/05/2032 |
| Instalment 4 - Tranche 1 | 17/05/2013 | €4.2 billion | 17/05/2043 |
| Current average maturity 29.3 years (excluding Instalments 2 and 3, PSI and Accrued Interest) | |||
7 As a temporary operation, EFSF provided the Eurosystem with bonds amounting to €35 billion as collateral during Greece's selective default period due to the PSI operation. These bonds were returned to the EFSF on 25 July 2012 and were cancelled.
8 The amortising structure will be equivalent as the one of the new greek bonds (GGB's), i.e. linear amortization with 10 years grace period.
9 Disbursed in 3 Tranches: €26.6bn on 12/03/2012, €3bn on 10/04/2012 and €77.9m on 25/04/2012
10 Disbursed in 3 Tranches: €4.6bn on 12/03/2012, €209.5mio on 10/04/2012 and €14.6m on 25/04/2012
11 Constant amortizing starting on 17/06/2023
12 Amortizing between 2044 and 2046
13 Final maturity to be defined at time of roll-over
14 Amortizing between 2034 and 2046
