Deutsche Bundesbank : Reopening of the 30-year Federal bond issue of 2014 – Auction result

Reopening of the 30-year Federal bond issue of 2014 (2046) - Auction result

Press release

Frankfurt am Main 27 January 2016 Page 1 of 1

Reopening of the 30-year Federal bond issue of 2014 (2046)

• Auction result -

  
  

  The result of the auction of 27 January 2016 for the

  
  

  2.50 % bond of the Federal Republic of Germany of 2014 (2046)

  due on 15 August 2046 annual coupon date 15 August

  next interest payment on 15 August 2016 ISIN DE0001102341

  
  

  was as follows: Bids	€	952.00 mn
  Competitive bids	€	613.00 mn
  Non-competitive bids	€	339.00 mn
  Allotment	€	805.50 mn
  - Lowest accepted price	133.56 %
  - Weighted average price	133.67 %
  - Average yield	1.18 %
  - Allotment
  - for bids at the lowest accepted price	70 %
  - for non-competitive bids	100 %
  Cover ratio	1.2
  Amount set aside for secondary market operations (Own account of the Federal Government) 1)	€	194.50 mn
  Increase	€	1,000.00 mn
  Previous issue volume	€	13,000.00 mn
  Total issue volume	€	14,000.00 mn

• Placing by the German Finance Agency in the secondary market.

Deutsche Bundesbank, Communications Department

Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: [phone] or 3512, Fax: [phone] [e-mail], www.bundesbank.de

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