Press release |
Frankfurt am Main 22 January 2016 Page 1 of 1 |
For the account of the Federal Government, the German Finance Agency, through Deutsche Bundesbank, offers for sale by auction:
due on 25 January 2017 ISIN DE0001119535
envisaged issue volume (auction allotment and amount set aside for secondary market operations): € 1.5 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 as full 0.00005 percentage points. It is possible to make non-competitive bids and to submit several bids at different prices. No yield bids will be considered. 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 price bids accepted. The right to scale down bids is reserved.
Time schedule of the auction procedure:
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.
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 22 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2016 11:18:04 UTC
Original Document: http://www.bundesbank.de/Redaktion/EN/Downloads/Press/Pressenotizen/2016/2016_01_22_invitation.pdf?__blob=publicationFile
