The 10-year bond, due on 06 July 2032, brings the total financing raised under the programme to €91 billion. Portugal had submitted a payment request to the Commission on 25 January based on the achievement of the 38 milestones and targets selected in the Council Implementing Decision for the first instalment. The milestones and targets cover reforms in the areas of health, social housing, social services, investment and innovation, qualifications and skills, forestry, the blue economy, the bio-economy, renewable gases (including hydrogen), public finances and public administration. Several targets also concern investments in the areas of infrastructure, de-carbonisation of industry and digital education. The Portuguese recovery and resilience plan includes a wide range of investment and reform measures in 20 thematic components. The plan will be supported by €13.9 billion in grants and €2.7 billion in loans, 13% of which (€2.2 billion) was disbursed to Portugal in pre-financing on 3 August 2021.