The market for German Government securities is one of the largest and most liquid sovereign debt markets in the world.   

Investors in German Government securities have at their disposal a range of risk-free, highly liquid securities with a straightforward and transparent  structure across the full yield curve. The safe haven status of the Bund is especially attractive to investors in times of crisis.

The Federal Government is fully committed to observing the highest standards of transparency  and  reliability  in its issuance policy. It is thanks to this issuance policy and the support operations in the secondary market that German Government securities are the most liquid government securities in Europe. The importance of German Government securities and their outstanding market position, both nationally and internationally, will continue to shape the issuer’s strategy in the primary and secondary markets.