“`html
Germany Plans Record Debt Issuance in 2026
The German government is preparing to borrow a record amount from financial markets in 2026 to fund important investments in infrastructure and the armed forces. This includes the first-ever issuance of a 20-year bond.
Germany plans to raise a record 512 billion euros ($600.3 billion) next year through bond sales. This substantial borrowing is earmarked for modernizing infrastructure and bolstering the armed forces, as reported by the German financial Agency, the body responsible for managing the country’s borrowing and debt. Reuters.
The agency intends to auction approximately 318 billion euros ($373 billion) worth of German government bonds with maturities ranging up to 30 years. In addition, federal securities totaling 181.5 billion euros ($213 billion) will be issued.
| Debt Instrument | estimated Volume (EUR Billions) | Estimated Volume (USD Billions) |
|---|---|---|
| Total Debt Issuance | 512 | 600.3 |
| bonds (up to 30 years) | 318 | 373 |
| Federal Securities | 181.5 | 213 |
