Euroclear successfully issues a €600mn bond

Euroclear launched an issuance of unsecured senior fixed-rate bonds¹ for a total amount of €600mn, at an interest rate of 4.125% and maturing in 2036. This transaction marks Euroclear's return to public debt markets and represents the first issuance by Euroclear Holding SA/NV².

The transaction was a success: it generated an order book, driven mainly by asset managers and insurance and/or pension funds, of more than €2bn, representing over 3.3 times the final issuance amount.

The net proceeds of the issuance will finance Euroclear's ongoing operations and strengthen the Group's resilience capacity.

As a reminder, Caisse des Dépôts holds an 11.41% stake in Euroclear³.

To learn more about Euroclear's bond issuance, read the press release

(1) These securities are repaid ahead of subordinated bonds and equity, but after secured senior debt.
(2) Which replaced Euroclear Investments SA as of 1 October 2024.
(3) See 2025 Financial Report