Treasury discount paper 12M

ISIN
DE000BU0E261
WKN
BU0E26
Type
Treasury discount paper 12 month

Issuance data

Issuer Federal Republic of Germany
Maturity segment 12 month
Issuance volume 12,000,000,000 €
Issuance currency
Issuance date 17.02.2025
Maturity 18.02.2026
Smallest tradable unit 0.01 €
Stock-market listing no
Eligibility for security gilt-edged
Terms of issue Download (PDF)

Coupon data

Payable no interest payment
Interest calculation actual/360

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Lowest accepted price Average price Average yield Bid/Cover ratio
17.02.2025 New Issue 97.92081 97.92469 2.096% 1.6
19.05.2025 Reopening 98.59069 98.59216 1.883% 1.6
04.08.2025 Reopening 98.97615 98.97881 1.895% 1.6
10.11.2025 Reopening 99.47547 99.48086 1.917% 1.4

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Volume Bids Competitive bids Non-competitive bids Allotted volume Retention quote
17.02.2025 New Issue 3,000 € mn 3,555 € mn 2,235 € mn 1,320 € mn 2,180 € mn 820 € mn
19.05.2025 Reopening 3,000 € mn 3,571 € mn 2,436 € mn 1,135 € mn 2,170 € mn 830 € mn
04.08.2025 Reopening 3,000 € mn 4,027 € mn 3,225 € mn 802 € mn 2,532 € mn 468 € mn
10.11.2025 Reopening 3,000 € mn 3,250 € mn 2,255 € mn 995 € mn 2,275 € mn 725 € mn