Defence Bond

Bond issuance by the Grand-Duchy of Luxembourg

Subscribe from 15 January 2026, 2:00 pm

Contribute to defending Luxembourg's values and interests while investing in a product with a fixed return

In the current international context, marked by rising security challenges, the Grand-Duchy of Luxembourg is committed to strengthening its investments in defence and security, in line with its European and NATO commitments.

To support this effort, the Grand-Duchy of Luxembourg is launching a Defence Bond, a government bond open to the general public.

Find more information on the offical website.

We are acting as joint lead manager, distributor, and paying agent for this bond issue.

Spuerkeess will receive 0.5% of the subscribed amount for distributing this product. This bond, "the Defense Bond", is intended for retail clients and is considered a non-complex financial instrument under MiFID II. Therefore, no suitability assessment is required.

  • Finance national defence

    and security projects

  • Support the Luxembourg

    economy

  • Offer a safe investment opportunity,

    thanks to Luxembourg’s AAA rating

How to subscribe?

Subscription to the Defence Bond is done exclusively through your Personal Banker or directly at the branch.

  • Subscribe from 15 January 2026, 2:00 pm
  • Online subscription via S-Net or Spuerkeess Direct is not available
  • Minimum amount per subscription: 1,000 EUR
  • Maximum amount per subscription: 150,000 EUR per person

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