Free Trial

Feb-37 Green EU-bond auction preview

EUROZONE ISSUANCE
MNI (London)
  • The EU will come to the market this morning to sell E2.5bln of its 15-year Green Bond in its first reopening.
  • On offer will be: 0.40% Feb-37 Green EU-bond. ISIN: EU000A3K4C42.
  • Auction history: Today's auction reopens the inaugural green EU bond, which was launched via syndication on October 12 last year. At the syndicated launch E12bln was issued at an average yield of 0.453%, and saw the largest green bond transaction worldwide. With an order book size of E135bln, the 15y green bond kicks off the NextGenerationEU green funding programme which plans to account for 30% of NGEU funds.
  • Timing: Results will be available shortly after the auction closes at 10:30GMT / 11:30CET.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.