The pitch is working. Money managers from the U.K., Asia, the Middle East, Africa, and Oceania snapped up 43 percent of the eurobonds that the Commission put up for auction since the start of 2026, according to data seen by POLITICO.<\/p>\n
That\u2019s an increase of 8 percentage points from the average of the last six years, putting the EU\u2019s budget commissioner, Piotr Serafin, in a favorable position ahead of his road show in mid-April to sell eurobonds to investors based in Hong Kong, Malaysia and Singapore.\u00a0The Commission issued \u20ac52 billion in bonds since the start of 2026, up from \u20ac44 billion in the same period in 2025.<\/p>\n
\u201cThere is growing demand for \u2018Europe,\u2019 for its alignment with the respect of the rules-based international order and values. And hence the increased demand for EU bonds,\u201d a senior EU official, who was granted anonymity to speak freely, told POLITICO.<\/p>\n
The eurozone\u2019s bailout fund and its predecessor \u2014\u00a0the European Stability Mechanism and the European Financial Stabilisation\u00a0Mechanism \u2014\u00a0have encountered a similar trend. They have jointly issued \u20ac566 billion since 2010 and sold record levels of debt to non-EU countries in 2025,\u00a0according to ESM\u00a0data presented in January<\/a>.<\/p>\n U.K. figures include international investors that are registered in the United Kingdom.<\/p>\n