Press release Invitation to bid by auction Reopening of 30-year Federal bonds

Frankfurt am Main

29 January 2013

Page 1 of 1

For the account of the Federal Government, the German Finance Agency, through Deutsche Bundesbank, will reopen once again the

2.50 % bond of the Federal Republic of Germany of 2012 (2044)

due on 4 July 2044
annual coupon date 4 July
interest has begun to accrue on 27 April 2012
first interest payment on 4 July 2013 for 433 days
ISIN DE0001135481 // WKN 113 548
launched on 25 April 2012, using an auction procedure. An increase of € 2 billion is envisaged for the issue (auction allotment and amount set aside for secondary market operations). The current volume of the bond amounts to € 8 billion.
Members of the Bund Issues Auction Group are entitled to bid. Bids must be for a par value of not less than
€ 1 million or an integral multiple thereof. The price bids must be expressed in terms of full 0.01 percentage points. Non-competitive bids are possible. The bids accepted by the issuer will be allotted at the price specified in the bid. Non-competitive bids are filled at the weighted average price of the competitive bids accepted. The right to scale down bids is reserved. The separation of principal and interest payments and their separate trading ("stripping") will be possible.
Time schedule of the auction procedure:
Bidding period: Wednesday, 30 January 2013,
from 8.00 a.m. until 11.30 a.m. Frankfurt time
Inclusion in stock
exchange trading: Wednesday, 30 January 2013
Value date: Friday, 1 February 2013
Settlement: delivery versus payment-settlement in the night-time processing of Clearstream
Banking AG Frankfurt, beginning on the eve of the value date
In addition, the Auction rules, the Special terms and conditions of the Deutsche Bundesbank for auctions of Federal securities using the Bund Bidding System (BBS) and the Issue terms for Federal securities shall apply.

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

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