The European Commission raised, on Wednesday 25 January, €5 billion in its first syndicated transaction for 2023, by topping up its 30-year bond maturing on 4 March 2053.
This is the first syndication under the EU’s unified funding approach that the Commission introduced as its main funding method as of January 2023. The Commission issues - on behalf of the Union - bonds under the single name of ‘EU-Bonds’, rather than separately labelled bonds for individual programmes.
The...