Lithuania returned to international capital markets on 13 May with a new €1bn 7.5-year Eurobond issue, bringing its total Eurobond borrowing this year to €3bn.
The new 7.5-year bond was priced at a yield of 3.684%, with a 3.625% annual coupon and maturity in November 2033. Demand exceeded €4bn, according to the Ministry of Finance.
Data card: Lithuania’s 2026 Eurobond borrowing
15 January 2026
€1.25bn, 5-year Eurobond
Yield: 3.019%
15 January 2026
€750mn, 15-year Eurobond
Yield: 4.244%
13 May 2026
€1bn, 7.5-year Eurobond
Yield: 3.684%
Coupon: 3.625%
Maturity: 18 November 2033
According to the borrowing programme, Lithuania plans to borrow about €10.9bn in 2026, including €4.5bn through Eurobond issues. After the May transaction, it has already completed roughly two-thirds of its planned international market borrowing for the year.
Lithuania is front-loading a large part of its 2026 market funding while investor demand remains strong. For the Baltic comparison, the question is no longer simply whether Lithuania can borrow, but at what cost the region will finance higher defence, infrastructure and budget needs over the next several years.