European Commission raises an additional €5 billion in support for Europe's recovery
date: 28/02/2022
Due on 6 July 2051, the 30-year bond – executed as an increase to an existing EU-Bond - brings the total financing raised under the programme to €78.5 billion. The Commission's successful placement will help sustain the momentum behind Europe's recovery from the COVID-19 pandemic.
The bond was nearly 13 times oversubscribed, achieving a total order book of €64.1 billion. This strong demand enabled the Commission to place the bond under very good pricing conditions in a sign of the strong confidence of investors in the NextGenerationEU programme.