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AFME Q3 2025 Government Bond Data Report
EUR 994 bn bonds and bills issued in Q3 2025 as European quarterly issuance volumes increase 5.2% (YoY) Total quarterly gross issuance in Europe (EU Member States, UK and EU Commission) was EUR 994 bn during Q3 2025, up 5.2% compared to Q3 2024 (YoY) and down 8.2% from Q2 2025 (QoQ). Total (bond and bill) issuance in Q3 2025 continued at elevated levels with volumes (including EU Commission issuance) representing the highest third-quarter issuance on record […]