Today, the DSTA announces that it will not exercise the option to tap an existing DSL on 27 October 2026.

DSL auctions are usually scheduled on the second and fourth Tuesday of each month. In the fourth quarter of 2026, four auction dates were announced (of which the first took place on 13 October), of which the auction on 27 October was announced to be optional in the Q4 update. The remaining dates in the fourth quarter will be used to reopen two existing DSLs, to be determined at a later stage. Target volume and other details will be announced no later than the Wednesday prior to an auction.

The following bonds are scheduled to be auctioned in the remainder of Q4 of 2026:

Auction date

Details

Target volume (€billion)

10 November 2026

Tap of an existing DSL*

To be determined

24 November 2026

Tap of an existing DSL*

To be determined

* Target volume and other details will be announced at a later stage, but no later than the Wednesday prior to the auction date (t-6).