On 2 April, the Council of Europe Development Bank (CEB) issued a €1 billion, 7-year maturity COVID-19 Response Social Inclusion Bondin response to the COVID-19 pandemic. This funding will be used to help the 41 CEB member countries mitigate the social and economic impact of the health crisis.
Following the announcement of the transaction, the order book reached more than €3.9 billion in just over an hour. The deal also gathered the largest order book of any CEB benchmark to date, with...