룩셈부르크, 국방채권 프레임워크 처음으로 도입
룩셈부르크 정부는 2025년 10월 6일에 국방채권 프레임워크를 공개했다. 이 이니셔티브를 통해 룩셈부르크는 제2차 세계대전 이후 주권 방위 채권 프레임워크를 구축한 최초의 유럽 국가가 되었다.
On October 6, 2025, the Luxembourg Government unveiled its Defence Bond Framework, marking a significant step in the nation’s commitment to enhancing both national and European defence capabilities.
This initiative positions Luxembourg as the first European country to establish a sovereign defence bond framework in the post-World War II era.
The framework outlines the principles, eligibility criteria, and governance mechanisms for issuing sovereign defence bonds, ensuring that proceeds are allocated transparently and responsibly. Funds raised will be exclusively used to finance or refinance eligible investments in key defence and security areas, including infrastructure, aviation, space capabilities, and industrial innovation. A dedicated Defence Bond Committee will oversee project selection, fund allocation, and reporting.
This move aligns with Luxembourg’s strategic defence commitments, including its pledge to increase defence spending to 5% of Gross National Income by 2035.
The Luxembourg State Treasury plans to issue the first bond under this framework in the first quarter of 2026.
Source: https://luxembourgtradeandinvest.com/news/luxembourg-introduces-first-national-defence-bond-framework