Brussels:The European Commission has successfully raised €8 billion through its 10th syndicated EU-Bond transaction of 2026. The transaction consists of a €4 billion tap of the 5-year EU-Bond maturing on 13 October 2031 and another €4 billion tap of the 20-year EU-Bond maturing on 12 October 2046.

According to European Commission - Lebanon, the dual-tranche transaction reflects the growing liquidity of the EU-Bond curve, which is increasingly used as a reliable reference point for the pricing of syndicated issuances. This transaction contributes to the Commission's €80 billion funding target for the second half of 2026.

The funds raised are intended to support the European Union's key political priorities, including enhancing Europe's competitiveness and resilience, providing support to Ukraine, and investing in European defense. The EU's total outstanding debt now stands at approximately €874.67 billion, with substantial portions in EU-Bills and NextGenerationEU Green Bonds.

The Commission plans to complete its bond issuances for the semester with an additional €12 billion targeted through auctions on 23rd November and 7th December, followed by a non-competitive offer. This issuance strategy is part of the Commission's broader approach to leveraging both auctions and syndicated transactions to ensure market access and funding flexibility.

The joint lead managers for this transaction were BNP Paribas, Commerzbank, Deutsche Bank, JP Morgan, and Nomura. The Commission continues to use EU-Bonds and EU-Bills exclusively denominated in euros to finance its policy programs, including the NextGenerationEU recovery instrument and other initiatives.