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BOE-A-2026-4501 ·26 February 2026 ·orden Low impact
Tax

Public Treasury: Publication of terms for €7 billion 30-year Government Bond issue

Order ECM/129/2026 announces the results of the first tranche of thirty-year Government Bonds denominated in euros, following the syndication procedure set out in Order ECM/127/2026. The issue has an allocated nominal amount of €7 billion (Art. 1.c) and an annual nominal interest rate of 3.95% (Art. 1.b).

In 3 key points

  1. Allocated nominal amount of €7 billion, Art. 1.c (art. 1.c)
  2. Annual nominal interest rate of 3.95%, Art. 1.b (art. 1.b)
  3. Administration, underwriting, and placement fees of 0.250%, Art. 3 (art. 3)

How it affects those involved

For the financial sector and the syndicate of successful bidders, the regulation sets the final economic terms of the debt (Art. 1) and establishes an administration, underwriting, and placement fee of 0.250% of the allocated nominal amount (Art. 3). Entities must report the distribution of the subscribed nominal amount before 15:00 on 2 March 2026 (Art. 4).

Lifecycle

2026-02-26PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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