In September, the EU will launch its first auction of short-dated EU-bills, as part of a NextGenerationEU funding programme scheduled to raise €80 billion in the second half of 2021.
It had already raised $45 billion by the end of July, through three syndicated issues of long-term bonds, including a €20 billion 10 year that was its largest single tranche deal to date, and a €10 billion 20 year that drew a record €100 billion of investor orders.
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