The European Commission has today issued a further €10 billion to support Europe's recovery from the coronavirus crisis and its consequences, in a third NextGenerationEU bond since the start of the programme in mid-June. The Commission issued a 20-year bond due on 4 July 2041, which was welcomed by the market with a very strong interest, with books close to €100 billion.
Thanks to the almost 10-fold oversubscription – a demonstration of the ongoing strong interest by investors – the Commission has obtained very favourable pricing conditions, in line with the strong performance of the NextGenerationEU programme so far.