EU plans to sell up to EUR 80bln of EU bonds in H2 26

On 23 June 2026, the European Commission released its funding plan for the second half of 2026. The plan sets a funding target of €80 billion of EU-Bond issuance between July and end-December 2026. Together with the funding plan for the first half of the year, this brings the annual EU-Bond issuance target for 2026 to €180 billion. Issuances will be executed under the Unified Funding Approach, whereby the Commission issues single-branded EU-Bonds and internally allocates the proceeds according to the needs of the various policy programmes funded through bond issuances.