See EU next week: RFPs sent for new 15 year SURE bond

By Burhan Khadbai
12 Nov 2020

The European Union is planning a swift return to the capital markets next week, sending a group of banks a request for proposals on Thursday for a new 15 year syndicated social bond under its Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme.

In last week's RFPs, the EU asked banks to submit proposals for a 15 year bond, along with a 30 year and a five year. 

In the end it decided to go with a 30 year and five year dual-tranche, which was sold this week raising a combined ...

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