EU Transactions in Q2 2024
date: 25/06/2024
In Q2 2024 the EU reached its funding target for H1 2024, raising thanks to its reliable investor base €74 billion through EU-Bonds.
In the second quarter of the year, the EU raised over €38 billion in long term funds over three EU-Bond syndications and four EU-Bond auctions. In addition, the EU continued to execute regular EU-Bill issuances in 3-month and 6-month tenors throughout the quarter, with short-term debt at end June standing at €22 billion.
A summary of the EU’s funding activities for Q2 2024 is shown below.
|
Transaction date |
Instrument |
Transaction type |
Type |
Volume issued (EUR mn) |
Maturity |
Cover ratio |
|
03/04/2024 |
Bills |
Auction |
TAP |
1,250 |
05/07/2024 |
1.49 |
|
03/04/2024 |
Bills |
Auction |
NEW |
1,394 |
04/10/2024 |
1.24 |
|
08/04/2024 |
Bonds |
Auction |
TAP |
2,392 |
04/12/2034 |
1.13 |
|
08/04/2024 |
Bonds |
Auction |
TAP |
2,267 |
04/12/2030 |
1.09 |
|
17/04/2024 |
Bills |
Auction |
TAP |
1,312 |
05/07/2024 |
1.3 |
|
17/04/2024 |
Bills |
Auction |
TAP |
1,228 |
04/10/2024 |
1.25 |
|
23/04/2024 |
Bonds |
Syndication |
TAP |
4,000 |
04/04/2044 |
17.6 |
|
23/04/2024 |
Bonds |
Syndication |
NEW |
4,000 |
06/12/2027 |
10.2 |
|
29/04/2024 |
NGEU green bonds |
Auction |
TAP |
2,293 |
04/02/2033 |
1.2 |
|
29/04/2024 |
Bonds |
Auction |
TAP |
2,377 |
05/12/2028 |
1.15 |
|
08/05/2024 |
Bills |
Auction |
TAP |
1,272 |
09/08/2024 |
1.29 |
|
08/05/2024 |
Bills |
Auction |
NEW |
1,214 |
08/11/2024 |
1.31 |
|
14/05/2024 |
Bonds |
Syndication |
NEW |
6,000 |
05/10/2054 |
14.3 |
|
22/05/2024 |
Bills |
Auction |
TAP |
1,147 |
09/08/2024 |
1.26 |
|
22/05/2024 |
Bills |
Auction |
TAP |
1,291 |
08/11/2024 |
1.14 |
|
27/05/2024 |
NGEU Green Bonds |
Auction |
TAP |
2,027 |
04/02/2043 |
1.09 |
|
27/05/2024 |
Bonds |
Auction |
TAP |
2,362 |
06/12/2027 |
1.91 |
|
05/06/2024 |
Bills |
Auction |
TAP |
1,302 |
06/09/2024 |
1.66 |
|
05/06/2024 |
Bills |
Auction |
NEW |
1,244 |
06/12/2024 |
1.4 |
|
11/06/2024 |
Bonds |
Syndication |
NEW |
6,000 |
04/10/2039 |
6.2 |
|
19/06/2024 |
Bills |
Auction |
TAP |
1,301 |
06/09/2024 |
1.2 |
|
19/06/2024 |
Bills |
Auction |
TAP |
1,302 |
06/12/2024 |
1.3 |
|
24/06/2024 |
Bonds |
Auction |
TAP |
2,343 |
04/12/2034 |
1.5 |
|
24/06/2024 |
Bonds |
Auction |
TAP |
2,266 |
05/10/2026 |
1.4 |
Full details on all EU transactions since June 2020 can be found here.