Parliamentary questions
Question for written answer E-001276/2021
to the Commission
Rule 138
Lídia Pereira (PPE), José Manuel Fernandes (PPE), Maria da Graça Carvalho (PPE)
Subject: Issue of SURE and Next Generation EU bonds on European stock exchanges
On 27 October, the Commission opened the listing of the first social investment bonds issued under the SURE instrument (temporary Support to mitigate Unemployment Risks in an Emergency), with remarkable success(1), with demand being 13 times higher than supply. This social investment bond issue was carried out through the Luxembourg Stock Exchange (LuxSE).
The Next Generation EU Recovery Plan with a budget of EUR 750 000 million will be financed by similar operations, issuing green and social bonds, reflecting the Union’s commitment to the climate transition and a balanced economic recovery taking due account of the social dimension. The Union will thus become one of the largest supranational issuers of securities, even surpassing the European Investment Bank (EIB) and the European Stability Mechanism (ESM).
The following questions arise in this connection:
1. Why did the Commission choose the Luxembourg Stock Exchange for the issuing of SURE bonds?
2. Does it intend to carry out all bond issues through the Luxembourg Stock Exchange?
3. Is the Commission considering using other European stock exchanges to issue Next Generation EU bonds?
Supporter(2)
(1) https://ec.europa.eu/commission/presscorner/detail/pt/IP_20_1981
(2) This question is supported by a Member other than the authors: Cláudia Monteiro de Aguiar (PPE)