Luxembourg Defence Bond 2026: return, tax exemption and subscription rules

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

1. Luxembourg Launches Its Defence Bond · RTL Today
2. New in 2026 · The Luxembourg Government

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