Press release
Frankfurt am Main 20 January 2021 Page 1 of 1
Reopening Federal bond issue - Auction result
The result of the auction of 20 January 2021 for the
0 % bond of the Federal Republic of Germany of 2019 (2050)
due on 15 August 2050 ISIN DE0001102481
was as follows: | |||||
Bids | € | 1,789.00 | mn | ||
Competitive bids | € | 695.00 mn | |||
Non-competitive bids | € | 1,094.00 mn | |||
Allotment | € | 1,263.60 | mn | ||
- Lowest accepted price | 103.85 | % | |||
- Weighted average price | 103.92 % | ||||
- Average yield | -0.13 % | ||||
- Allotment | |||||
- for bids at the lowest accepted price | 100 | % | |||
- for non-competitive bids | 90 | % | |||
Cover ratio | 1.4 | ||||
Amount set aside for secondary market operations | € | 236.40 | mn | ||
(Own account of the Federal Government) 1) | |||||
Increase | € | 1,500.00 | mn | ||
Previous issue volume | € | 17,500.00 | mn | ||
Total issue volume | € | 19,000.00 | 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.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Deutsche Bundesbank published this content on 20 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2021 11:27:07 UTC