Brussels, November 19, 2025 – The European Commission has attracted exceptional interest from investors in its tenth EU bond syndication of the year, placing 5 billion EUR in securities maturing in October 2030. The transaction generated total bids of over 86 billion EUR, representing an oversubscription of approximately 17 times – one of the highest rates recorded in recent Union funding programs.
The five-year bond was issued at a price of 99.870%, with a yield of 2.527%, confirming the attractiveness of EU securities in the context of international financial markets. The Commission announced that, with this transaction, the total funds raised in 2025 through EU bond issuances reached 148.052 billion EUR, of which 62.27 billion EUR were issued just since July.
The financing contributes to an integrated EU portfolio, in which all European programs financed through debt, including NextGenerationEU and other support instruments, use a unified EU-Bonds issuance model introduced by the Commission in 2023 to increase efficiency and visibility in global markets. Instead of separate labeling for each program, the Union now uses a common brand, strengthening its presence and credibility with investors.
According to the financing plan published by the Commission, the next major operation will be an auction of up to 5 billion EUR scheduled for December 1, followed by a corresponding non-competitive offer. The indicative issuance calendar also includes an EU-Bills auction on November 19.
The Commission is authorized by EU treaties to borrow funds from international markets on behalf of the Union to finance European programs. Diversifying funding sources and strengthening the common portfolio are key elements of the EU's financing strategy, aimed at providing stability, predictability, and lower costs for the European budget in the long term.