{"id":138938,"date":"2025-04-09T09:20:14","date_gmt":"2025-04-09T06:20:14","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/european-commission-issues-e8-billion-in-its-4th-syndicated-transaction-of-2025\/"},"modified":"2025-04-09T09:20:14","modified_gmt":"2025-04-09T06:20:14","slug":"european-commission-issues-e8-billion-in-its-4th-syndicated-transaction-of-2025","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/european-commission-issues-e8-billion-in-its-4th-syndicated-transaction-of-2025\/","title":{"rendered":"European Commission issues \u20ac8 billion in its 4th syndicated transaction of 2025"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/138938\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The dual-tranche transaction concerned a \u20ac5 billion tap of the EU-Bond maturing on 4 July 2028, and a \u20ac3 billion tap of the EU-Bond maturing on 4 October 2052. The 3-year bond was priced 101.052% with a re-offer yield of 2.283%, while the 30-year bond was priced at 77.217%, with a re-offer yield of 3.859%. Bids received were in excess of \u20ac41 billion on the 3-year bond and in excess of \u20ac45 billion on the 30-year bond. This equals oversubscription rates of approximately 8-times and 15-times, respectively. The proceeds of the transaction will be used to finance EU policy programmes most notably in the context of NextGenerationEU and support to Ukraine.<\/p>\n<p><em>3-year Bond tap<\/em><br \/>\nDue on 4 July 2028, this bond carries a coupon of 2.625% and came at a re-offer yield of 2.283%, equivalent to a price of 101.052%. The spread to mid-swap is 14 bps, which is equivalent to 31.1 bps over the OBL due on 13 April 2028 and 0.5 bps over the OAT due 25 May 2028. The final order book was of over \u20ac41 billion.<\/p>\n<p><em>30-year Bond tap<\/em><br \/>\nDue on 4 October 2052, this bond carries a coupon of 2.5% and came at a re-offer yield of 3.859%, equivalent to a price of 77.217%. The spread to mid-swap is 126 bps, which is equivalent to 86.1 bps over the Bund due on 15 August 2052 and -11.1 bps below the OAT due 25 May 2052. The final order book was of over \u20ac45 billion.<\/p>\n<p>The joint lead managers of this transaction were BNP Paribas, Deutsche Bank, JP Morgan, Natixis and Nomura.<\/p>\n<p>The Commission has now issued approximately \u20ac52.92 billion of its \u20ac90 billion bond issuance target for the first half of 2025. A full overview of all EU transactions executed to date is available online. A detailed overview of the EU&#8217;s planned transactions for the first half of 2025 is also available in the EU funding plan. The next transaction in the EU&#8217;s indicative issuance calendar is an EU-Bill auction on 16 April 2025.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_25_1009\">European Commission<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vau-viikkokatsaus\/european-commission-issues-e8-billion-in-its-4th-syndicated-transaction-of-2025\/\">European Commission issues \u20ac8 billion in its 4th syndicated transaction of 2025<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[18504,606,607,608],"class_list":["post-138938","post","type-post","status-publish","format-standard","hentry","category-news","tag-4th-syndicated-transaction-of-2025","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/138938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=138938"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/138938\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=138938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=138938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=138938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}