In 2025, ACOSS was recognised for its exceptional scale and consistency across European money markets, issuing close to EUR200bn through its ECP, NEU CP and newly launched NEU MTN programmes. The issuer combined very high transaction frequency with effective tenor management, broad currency diversification and rare flexibility within the NEU market, including multi-currency issuance. By structuring all programmes under Social Bond Principles, ACOSS ensured that 100% of funding qualified as ESG-Social, pairing deep liquidity with a clear social mandate. This breadth of activity and strong market endorsement underpin ACOSS’s selection as Best Overall ECP Issuer, Best NEU CP Issuer, Best EUR Money Market Issuer and Best ESG Money Market Issuer. Full reasoning is available in the official Award Statement.