Public finance
Luxembourg Defence Bond 2026: return, tax exemption and subscription rules
The state-backed bond opens from 15 January with subscriptions from EUR 1,000 to EUR 150,000 per person per bank.
Luxembourg's Defence Bond is a three-year state bond dedicated to defence projects, with tax-exempt interest for resident individuals and a EUR 150 million cap.
Subscriptions run from 15 to 30 January 2026 or until the EUR 150 million cap is reached.
Subscriptions range from EUR 1,000 to EUR 150,000 per person per bank.
Interest for resident individuals is tax-exempt and proceeds finance eligible defence projects.
The practical value is that readers get dates, thresholds, affected people and official-source context in one place, instead of relying on fragments from social media or outdated guides.
Frequently asked
- What changes in 2026?
- Luxembourg's Defence Bond is a three-year state bond dedicated to defence projects, with tax-exempt interest for resident individuals and a EUR 150 million cap.
- Who should read this?
- Residents, households, businesses or investors affected by the rule.
- Where are the facts from?
- Official government, EU or parliamentary sources plus reliable Luxembourg reporting where useful.
Sources
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