The European Commission to issue €70 billion in EU-Bonds in the second half of 2025

European Commission - Press release The European Commission to issue €70 billion in EU-Bonds in the second half of 2025 Brussels, 24 June 2025 The European Commission announced yesterday its intention to issue up to €70 billion of EU-Bonds in the second half of 2025. The planned issuance builds on the €86 billion raised in the first half of the year, consistent with the previously communicated planned issuance for the entire 2025 of around €160 billion. The issuance will fund disbursements for NextGenerationEU, and other policy programmes such as the Ukraine Facility, the Reform and Growth Facility for the Western Balkans and Macro Financial Assistance loans to neighbouring countries. In line with the established practice, the Commission will carry out these issuances under its unified funding approach, using semi-annual funding plans to communicate target issuance volumes based on evolving financing needs. The Commission will continue to issue NextGenerationEU Green Bonds to finance the green component of the Recovery and Resilience Facility (RRF). To date, €75 billion have been raised with NextGenerationEU Green Bonds. Further NextGenerationEU Green Bond issuances will depend on Member States' notification and validation of additional climate-relevant expenditures in line with the NextGenerationEU Green Bond Framework. Background The Commission borrows on international capital markets on behalf of the EU and disburses the funds to Member States and third...