The European Commission has today raised a further €9 billion to support Europe's recovery from the coronavirus crisis and its consequences, through the fourth NextGenerationEU bond issuance since the start of the programme in mid-June. The European Commission issued a 7-year bond due on 04 October 2028. The bond was largely oversubscribed - over 11 times, with books exceeding €103 billion.
The strong demand confirms the ongoing interest by investors in EU securities, which enabled the Commission to place the bonds under very favourable pricing conditions, fully in line with the remarkable performance of the NextGenerationEU programme so far.
Commissioner in charge of Budget and Administration, Johannes Hahn, said: ”With the fourth transaction under NextGenerationEU, we have built on the success of the initial deals. This transaction allows the Commission to maintain a steady flow of funding to our Member States, to support the recovery and help rebuild a greener, more digital and more resilient Europe.”
This is the fourth transaction under the NextGenerationEU programme, following the €20 billion 10-year bond that the Commission issued on 15 June 2021; the dual-tranche transaction of €15 billion from 29 June 2021 – that consisted of a €9 billion 5-year bond and a €6 billion 30-year bond, and the €10 billion 20-year bond issued on 13 July 2021.




