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Image header Agence Europe
Europe Daily Bulletin No. 12810
Contents Publication in full By article 23 / 34
EU RESPONSE TO COVID-19 / Budget/finance

EU successfully completes record green bond issue to fund European Recovery Plan

The European Commission announced on Tuesday 12 October that it has issued the first EU green bond on the financial markets to a value of €12 billion to finance national recovery plans under the Next Generation EU Recovery Plan.

It is also the largest green bond issue by any issuer to date. These bonds will only be used to finance investments that contribute to the EU’s climate transition. 

Demand for the 15-year (February 2037) green bonds was “eleven times” greater than supply,...

Contents

EXTERNAL ACTION
SECTORAL POLICIES
INSTITUTIONAL
EU RESPONSE TO COVID-19
ECONOMY - FINANCE
COUNCIL OF EUROPE
NEWS BRIEFS