Here you can find the quarterly issuance calendars, including the upcoming auctions for the current quarter. For the bond prospectuses, please navigate to the borrowing conditions.
Upcoming auctions Q3 2025
|
Auction date* |
Settlement date |
Shorter-dated programme |
Longer-dated programme |
| 7 July 2025 | 9 July 2025 | 30 October 2025 | 29 September 2025** |
* Auction details will be announced on Wednesday prior to the auction (t-5).
**During the summer period, there will be a single programme auctioned with the possibility to add a second programme. This option was exercised.
|
Auction date |
Details |
Target volume (€ bn) |
| 8 July 2025 | Reopening of the green DSL 15 January 2044 |
1.75 - 2.25 2.055 realised |
|
Auction date* |
Settlement date |
Shorter-dated programme |
Longer-dated programme |
| 21 July 2025 | 23 July 2025 | 29 September 2025 | 30 October 2025** |
* Auction details will be announced on Wednesday prior to the auction (t-5).
**During the summer period, there will be a single programme auctioned with the possibility to add a second programme. This option was exercised.
|
Auction date* |
Settlement date |
Shorter-dated programme |
Longer-dated programme |
| 4 August 2025 | 6 August 2025 | 29 January 2026 | 27 November 2025** |
* Auction details will be announced on Wednesday prior to the auction (t-5).
**During the summer period, there will be a single programme auctioned with the possibility to add a second programme. This option was exercised
|
Auction date* |
Settlement date |
Shorter-dated programme |
Longer-dated programme |
| 18 August 2025 | 20 August 2025 | 27 November 2025 | 29 January 2026 |
* Auction details will be announced on Wednesday prior to the auction (t-5).
|
Auction date* |
Settlement date |
Shorter-dated programme |
Longer-dated programme |
| 1 September 2025 | 3 September 2025 | 30 October 2025 | 26 February 2026 |
* Auction details will be announced on Wednesday prior to the auction (t-5).
|
Auction date |
Details |
Target volume (€ bn) |
| 9 September 2025 (optional) | Tap of an existing DSL | To be determined* |
* Details, including target volume, will be announced at a later stage, at the latest on the Wednesday preceding the auction date (t-6).
|
Auction date* |
Settlement date |
Shorter-dated programme |
Longer-dated programme |
| 15 September 2025 | 17 September 2025 | 29 January 2026 | 26 February 2026 |
* Auction details will be announced on Wednesday prior to the auction (t-5).
|
Auction date |
Details |
Target volume (€ bn) |
| 23 September 2025 | DDA of the DSL 15 January 2056 | 4 - 5 |
Documents
- Issuance calendar third quarter 2025Publication13-06-2025
- Issuance calendar second quarter 2025Publication21-03-2025
- Issuance calendar first quarter 2025Publication13-12-2024
- Issuance calendar fourth quarter 2024Publication20-09-2024
- Issuance calendar third quarter 2024Publication21-06-2024
- Issuance calendar second quarter 2024Publication22-03-2024
- Issuance calendar first quarter 2024Publication21-02-2024
- Issuance calendar fourth quarter 2023Publication22-09-2023
- Issuance calendar third quarter 2023Publication23-06-2023
- Issuance calendar second quarter 2023Publication24-03-2023
- Issuance calendar first quarter 2023Publication25-01-2023
- Issuance calendar fourth quarter 2022Publication26-10-2022
- Issuance calendar third quarter 2022Publication24-06-2022
- Issuance calendar second quarter 2022Publication25-03-2022
- Issuance calendar first quarter 2022Publication16-12-2021
- Issuance calendar third quarter 2021Publication25-06-2021
- Issuance calendar second quarter 2021Publication19-03-2021
- Issuance calendar first quarter 2021Publication15-02-2021
- Issuance calendar fourth quarter 2020Publication05-11-2020
- Issuance calendar third quarter 2020Publication26-06-2020