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MNI BRIEF: EC To Present NGEU Green Bond Framework Tuesday

(MNI) Brussels

EU Commissioner Johannes Hahn will present Brussels' Green Bond Framework of the NGEU funding programme at a press conference on Tuesday.

The Commission has committed to funding 30% of its NexGen funding programme in the form of green bonds and is expected to kick off auctions for its short-term T-bill programme as well as auctions of long-term bonds later this month. Brussels has so far funded EUR45 billion of the NexGen recovery programme and plans to fund around 100 billion this year, with 80 billion of that in long-term bonds.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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