Government bond auction · European Union

European Union 2033 EU-Bonds Auction

The European Union 2033 EU-Bonds Auction is a sale of new government debt by the European Union's treasury or debt agency to investors.

Importance
Low
Released
Twice a year
Currency
EUR · euro
Central bank
The European Central Bank

Latest figures

The latest release, published on 13 July 2026, came in at 3.189%, down from 3.244% the time before.

Oct 2025: 2.680%Mar 2026: 3.244%Jul 2026: 3.189% Oct 2025Jul 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
13 Jul 2026–3.189%–3.244%
23 Mar 2026–3.244%––
20 Oct 2025–2.680%–2.748%

See it in the economic calendar →

Why it matters

Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.

How it is calculated

Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.

Bid-to-cover = amount bid ÷ amount sold

What changes mean

  • Bid-to-cover above its recent average and no tail: solid demand.
  • Index-linked and green bonds are smaller auctions with their own investor base.

A short history

Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.

Releases for the whole EU include countries outside the euro.

Questions

What is the European Union 2033 EU-Bonds Auction?

The European Union 2033 EU-Bonds Auction is a sale of new government debt by the European Union's treasury or debt agency to investors.

What was the latest European Union 2033 EU-Bonds Auction?

3.189%, published on 13 July 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.