08/03/2023 (Agence Europe) – On Tuesday 7 March, the European Commission raised an additional €6 billion of EU-Bonds in its third syndicated transaction for 2023. The single-tranche transaction consisted of the issuance of a bond maturing on 4 July 2034 (see EUROPE 13121/25). Investor demand for EU-Bonds remained strong, with the transaction drawing bids of over €54 billion in aggregate, making for an oversubscription rate of about 9 times. The Commission has raised €30 billion out of its €80 billion funding target set for the first half of 2023 (€70 billion for the Next Generation EU recovery programme and €10 billion for macrofinancial assistance to Ukraine). (LC)