49. Interest-bearing liabilities (current)

€ Million

2025

2024

Listed notes

500

0

Euro Commercial Paper Loans

0

50

Total

500

50

Current interest-bearing liabilities include loans with maturities in less than one year. The amounts for repayment due within one year are included in the current interest-bearing liabilities.

In April 2026, a € 500 million bond with a coupon of 0.875% will be repaid. At year-end 2025, the fair value of this current interest-bearing liability was approximately € 501 million.