By Laura Contemori – ROME (Econostream) – The European Commission on Tuesday raised €8 billion through its sixth syndicated transaction of 2026, with final orders totaling more than €161 billion.

The transaction included a €3 billion tap of the 2.50% EU-Bond due October 14, 2030 and a €5 billion tap of the 3.625% EU-Bond due December 12, 2040.

The five-year tranche was priced at a re-offer yield of 2.940%, equivalent to a price of 98.226. The final order book exceeded €64.5 billion, with an oversubscription rate of around 21.5 times.

The 15-year tranche was priced at a re-offer yield of 3.835%, equivalent to a price of 97.670. The final order book was over €96.5 billion, with an oversubscription rate of about 19.3 times.

The transaction is part of the Commission’s €100 billion funding target for the first half of 2026. Total issuance since January has reached €91.8 billion.

The funds will support EU policy priorities, including support for Ukraine and defence-related investments.

The Commission said its next funding operation would be an EU-Bill auction on June 17, followed by an EU-Bond auction of up to €7 billion on June 22 and a related non-competitive offer. The funding plan for the second half of 2026 is scheduled to be published before the end of June.

Barclays, BNP Paribas, BofA, Santander and UBS acted as joint lead managers on the transaction.

The EU’s total outstanding debt is now approximately €825.8 billion, including €39.9 billion in EU-Bills and €82.7 billion in NextGenerationEU Green Bonds.