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