BPCE, the parent company of Natixis, issues its inaugural European defense bond
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
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Source: Reuters
First Defence Bond Issued: BPCE, the parent company of Natixis, has launched Europe's first bond specifically aimed at financing defence spending, raising 750 million euros.
Investor Demand: The bond attracted significant interest, with 2.8 billion euros in investor demand, indicating a strong appetite for defence-related investments.
Use of Proceeds: Funds from the bond will be allocated to finance or refinance projects related to defence and security equipment and technologies.
Regulatory Framework: This bond aligns with Euronext's European Defence Bond initiative, which streamlines the listing process for such bonds, although BPCE will still undergo an independent review of fund allocation.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








