Brussels, 25/01/2011 (Agence Europe) - On Tuesday 25 January, the EFSF passed the test of raising its first batch of €5 billion on the markets with a 2016 deadline. The 2.8% interest rate and the keen demand from investors (eight times oversubscribed) demonstrate markets' trust in the fund's bonds. Along with the €5bn raised earlier this month by the EU's EFSM (see EUROPE 10288), this EFSF €5bn is the first batch of the €67.5bn international aid package granted to Ireland at the end...