Issuance plan of the Federal government for 2023

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

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Green Federal Securities

Green Bond Impact Report 2020 published.

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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
  • 2.26 %Current Yield
  • 2.30 %31.01.2023

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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Federal Government Financing

Issuance plan of the Federal government for 2023

The Federal government's issuance plan for 2023 was published on 14 December 2022.

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Syndicates

New issue 30-year Federal bond via syndicate

A 30-year conventional Federal bond was placed via syndicate on October 11, 2022.

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Green Federal Bonds

Impact Report

On 30 September, the Green Bond Impact Report 2020 was published.

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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
08.02.2023 Bund (R)
DE0001102622		 4.0 € bn 2.10% 15.11.2029
15.02.2023 Bund (R)
DE0001102572		 1.5 € bn 0.00% 15.08.2052
21.02.2023 Bobl (R)
DE000BU25000		 5.0 € bn 2.20% 13.04.2028

N: New Issue     R: Reopening

TenderIssuanceVolumeCouponMaturity
06.02.2023 Bubill (R)
DE0001030906		 3.0 € bn - 22.11.2023
06.02.2023 Bubill (R)
DE0001030849		 2.0 € bn - 17.05.2023
13.02.2023 Bubill (R)
DE0001030872		 3.0 € bn - 23.08.2023

Recent Auctions

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

TenderIssuanceBid/CoverVolumesYield
01.02.2023 Bund (R)
DE000BU2Z007		 1.5
(A)
(B)
 2.27%
31.01.2023 Schatz (N)
DE000BU22007		 1.1
(A)
(B)
 2.64%
25.01.2023 Bund (R)
DE0001102598		 2.0
(A)
(B)
 2.19%

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

TenderIssuanceBid/CoverVolumesYield
30.01.2023 Bubill (N)
DE000BU0E006		 1.6
(A)
(B)
 2.757%
30.01.2023 Bubill (R)
DE0001030856		 2.1
(A)
(B)
 2.462%
23.01.2023 Bubill (R)
DE0001030898		 1.9
(A)
(B)
 2.694%

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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Press releases

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Download Center

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Newsletter

Keep up to date! Our e-mail newsletter provides regular information about the Federal government's issue programme.

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