According to a European Commission statement cited by the Latvian news portal Delfi.lv, the transaction involved new 5-year EU bonds worth 6 billion euros, maturing on October 13, 2031, as well as additional 20-year EU bonds worth 5 billion euros, maturing on October 12, 2046.
This transaction is part of the European Commission’s targeted funding volume of 80 billion euros for the second half of 2026. The proceeds from the issuance of EU bonds are used to support the European Union’s policy priorities, including building a stronger, more competitive, and more sustainable Europe, supporting Ukraine, and making significant investments in European defense.
The EU’s total outstanding debt now stands at approximately €827.16 billion, of which €41.5 billion is in EU bonds and €84.2 billion is in NextGenerationEU green bonds.
Under EU treaties, the European Commission is authorized to borrow on behalf of the EU in international capital markets to finance specific EU programs. This includes the NextGenerationEU recovery instrument, financial support programs for Ukraine and other neighboring countries, as well as the EU’s “Security for Europe” (SAFE) instrument, which helps EU member states make urgent investments in defense through joint procurement.
