1.75% Federal bond 2014 (2024)
ISIN
DE0001102333
WKN
110233
Type
10-year Federal bond
Rate (22.09.2023)
99.29
+0.01%
Yield (22.09.2023)
3.55%
-0.03 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 22,500,000,000 € |
| Issuance currency | € |
| Issuance date | 29.01.2014 |
| Maturity | 15.02.2024 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 1.75 |
|---|---|
| Payable | annually |
| Interest calculated from | 31. January 2014 |
| First interest payment | 15. February 2015 |
| Next interest payment | 15. February 2024 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 29.01.2014 | New Issue | 99.77 | 99.78 | 1.77% | 1.8 |
| 19.02.2014 | Reopening | 100.99 | 101.02 | 1.64% | 1.1 |
| 19.03.2014 | Reopening | 101.56 | 101.57 | 1.58% | 1.6 |
| 16.04.2014 | Reopening | 102.31 | 102.34 | 1.49% | 1.3 |
| 01.04.2020 | Reopening* | - | - | - | - |
| 16.04.2020 | Reopening* | - | - | - | - |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 29.01.2014 | New Issue | 5,000 € mn | 7,552 € mn | 3,830 € mn | 3,722 € mn | 4,174.8 € mn | 825.2 € mn |
| 19.02.2014 | Reopening | 5,000 € mn | 4,331 € mn | 1,545 € mn | 2,786 € mn | 3,796 € mn | 1,204 € mn |
| 19.03.2014 | Reopening | 4,000 € mn | 5,191 € mn | 2,522 € mn | 2,669 € mn | 3,262.1 € mn | 737.9 € mn |
| 16.04.2014 | Reopening | 4,000 € mn | 4,563 € mn | 2,030 € mn | 2,533 € mn | 3,409.7 € mn | 590.3 € mn |
| 01.04.2020 | Reopening* | 2,000 € mn | - | - | - | - | 2,000 € mn |
| 16.04.2020 | Reopening* | 2,500 € mn | - | - | - | - | 2,500 € mn |