La presente informativa è resa, anche ai sensi dell’art. 13 del D. Lgs. 196/2003 “Codice in materia di protezione dei dati personali” (“Codice Privacy”) 
e degli artt. 13 e 14 del Regolamento (UE) 2016/679 (“GDPR”), a coloro che si collegano alla presente edizione online del giornale Tribuna Economica di proprietà di AFC Editore Soc. Coop. 

Leggi di più

I TWEET

The European Commission has issued the first NextGenerationEU green bond, thus raising €12 billion to be used exclusively for green and sustainable investments across the EU. This represents the world's largest green bond issuance ever. With NextGenerationEU green bonds, the EU is set to become the world's largest green

bond issuer by far, providing a significant boost to sustainable finance markets as well as funding a greener EU recovery from the pandemic. With the strong oversubscription rate and excellent pricing conditions today's issuance represents a promising start to the NextGenerationEU green bond programme of up to €250 billion by end-2026.

The 15-year bond due on 4 February 2037 was more than 11 times oversubscribed, with books exceeding €135 billion. A wide range of investors expressed interest in the bond.

The issuance followed the adoption of the NextGenerationEU Green Bond framework earlier in September. The framework, which is fully compliant with the Green Bond Principles of the International Capital Market Association (ICMA) - a market standard for green bonds – reassures investors that the funds mobilised will be used for green investments. The Commission's reporting on the use of proceeds and on the environmental impact of the expenditure financed by NextGenerationEU Green Bonds will be subject to independent review.

The funds from the NextGenerationEU green bond issuances will be used to finance green and sustainable expenditure under the Recovery and Resilience Facility. Eligible investments from the already approved plans include a research platform for energy transition in Belgium, or the construction of wind power plants on land in Lithuania.

A minimum of 37% of every Recovery and Resilience Plan has to be devoted to the green transition, with many Member States striving to do more.

This is the fifth syndicated transaction since the start of the NextGenerationEU funding operations in June 2021. In addition, the Commission performed the first NextGenerationEU bond auction at the end of September. These operations have so far enabled the Commission to raise €68.5 billion in long-term funding through bonds.

In addition, the Commission has so far issued some €14 billion of EU-Bills following the start of the EU-Bills auctions in mid-September 2021.

In the course of 2021, the Commission expects to raise some €80 billion in bonds, to be complemented by short-term EU-Bills, as announced in the funding plan published in June 2021 and updated in September 2021.

As announced in September in its detailed issuance calendar for 2021, the Commission plans to hold one more syndicated transaction by the end of the year, in November. The Commission will also be holding auctions of both EU-Bills and bonds on a regular basis.