Auction result - Reopening of Federal Treasury notes



Press release

Frankfurt am Main 6 January 2016

Page 1 of 1

Reopening of Federal Treasury notes - Auction result -


The result of the auction of 6 January 2016 for the


0.00 % Federal Treasury notes of 2015 fourth issue (2017)

due on 15 December 2017 annual coupon date 15 December

interest has begun to accrue on 20 November 2015 ISIN DE0001104628


was as follows:

Bids

5,026.00

mn

Competitive bids

3,195.00

mn

Non-competitive bids

1,831.00

mn


Allotment


- Lowest accepted price


100.725


%

4,042.90

mn

- Weighted average price

100.733

%

- Average yield

-0.38

%

- Allotment

- for bids at the lowest accepted price

100

%

- for non-competitive bids

90

%

Cover ratio

1.2

Amount set aside for secondary market operations

(Own account of the Federal Government) 1)

957.10

mn

Increase

5,000.00

mn

Previous issue volume

8,000.00

mn

Total issue volume

13,000.00

mn


1) Placing by the German Finance Agency in the secondary market


Deutsche Bundesbank, Communications Department

Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: +49 (0)69 9566 3511 or 3512, Fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de

Reproduction permitted only if source is stated.

Deutsche Bundesbank issued this content on 2016-01-06 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 12:10:21 UTC

Original Document: http://www.bundesbank.de/Redaktion/EN/Downloads/Press/Pressenotizen/2016/2016_01_06_result.pdf;jsessionid=0000iUW8wgSpEIHxfqxCXNt8_Ff:-1?__blob=publicationFile