Issues planned by the Federal government in the second quarter of 2023

The issuance plan of the Federal government for the second quarter of 2023 is now published.

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Green Federal Securities

New 10-year green Federal bond successfully issued via syndicate.

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Economic Stabilisation Fund

ESF ends participation in Lufthansa.

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Financial Market Stabilisation Fund

On June 24, 2022, the 2021 financial statements of the FMS were published.

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  • Federal Bond 10 Years
  • 2.35 %Current Yield
  • 2.32 %06.06.2023

For the Federal Government at the Financial Center Frankfurt Targets and Objectives

Debt management from a single source: For the Federal government as the benchmark issuer in the euro area, the Finance Agency ensures the most cost-effective and low-risk financing possible.

It was founded specifically for this important task. Today, its field of activity has expanded to include tasks for financial market stabilisation and economic stabilisation.

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Syndicates
New issue 10-year green Federal bond

A 10-year green Federal bond was successfully placed via syndicate on 25 April 2023 with an issuance volume of € 5.25 bn.

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Green Bonds
New Green Bond Investor Presentation

The updated investor presentation for Green Federal securities is now available.

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Green Federal Bonds
Allocation Report

On 30 March 2023, the Green Bond Allocation Report 2022 has been published.

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Federal Government Financing
Issues planned by the Federal government in the second quarter of 2023

The Federal government's issuance plan for the second quarter of 2023 has been published on 23 March 2023.

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ESF
ESF ends participation in Lufthansa

WSF exit from participation completed after successful stabilisation.

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Auctions of Federal Bonds

Upcoming Auctions

N: New Issue    R: Reopening

TenderIssuanceVolumeCouponMaturity
13.06.2023 Bobl (N)
DE000BU25018 		5.0 € bn - 19.10.2028
14.06.2023 Bund (R)
DE000BU2Z007 		4.0 € bn 2.30% 15.02.2033
20.06.2023 Schatz (R)
DE000BU22015 		5.5 € bn 2.80% 12.06.2025

N: New Issue    R: Reopening

TenderIssuanceVolumeCouponMaturity
12.06.2023 Bubill (R)
DE000BU0E006 		3.0 € bn - 13.12.2023
19.06.2023 Bubill (N)
DE000BU0E063 		5.0 € bn - 19.06.2024
26.06.2023 Bubill (R)
DE0001030906 		2.0 € bn - 22.11.2023

Recent Auctions

N: New Issue     R: Reopening     A: Allotment     B: Bids

TenderIssuanceBid/CoverVolumesYield
07.06.2023 Bobl/g (R)
DE0001030716 		3.6
(A)
(B)
 2.66%
06.06.2023 Bund/€i (R)
DE0001030583 		1.3
(A)
(B)
 0.00%
06.06.2023 Bund/€i (R)
DE0001030575 		1.4
(A)
(B)
 -0.05%

N: New Issue     R: Reopening     A: Allotment     B: Bids

TenderIssuanceBid/CoverVolumesYield
05.06.2023 Bubill (R)
DE000BU0E030 		1.5
(A)
(B)
 3.343%
05.06.2023 Bubill (R)
DE0001030880 		1.4
(A)
(B)
 3.174%
30.05.2023 Bubill (R)
DE000BU0E048 		1.9
(A)
(B)
 3.264%

Our Tasks

Overview
Debt Statistics
  • Debt level
  • Borrowing needs
  • Redemptions
  • Interest rates

Statistics on the Federal Funding - graphically presented and up-to-date.

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Types of Federal Securities
Federal Securities

Federal securities are available for almost every investment period. They are regularly issued with original maturities ranging from 1 to 30 years. Some Federal securitites offer additional protection against inflation, others coverage of green spending in the Federal budget.

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ESF
Economic Stabilisation Fund

The Economic Stabilisation Fund (ESF) was able to cushion the impact of the Corona pandemic on the national economy. It manages several recapitalisation measures for companies in the real economy and loans to the Kreditanstalt für Wiederaufbau (KfW).

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FMS
Financial Market Stabilisation Fund

With assistance of the Financial Market Stabilisation Fund (FMS), the German banking sector was supported during the financial market crisis. Today, the special fund manages the Federal government's shares in Commerzbank as well as other capital measures.

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Your Career Start with us

Career
Working at the Finance Agency

For experienced professionals, students and graduates, debt management and stabilisation measures offer interesting entry opportunities and development prospects.

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