Treasury discount paper 12M

ISIN
DE000BU0E329
WKN
BU0E32
Type
Treasury discount paper 12 month

Issuance data

Issuer Federal Republic of Germany
Maturity segment 12 month
Issuance volume 4,500,000,000 €
Issuance currency
Issuance date 18.08.2025
Maturity 19.08.2026
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 Volume Maturity segment
10.11.2025 Reopening 3,000 € mn 12 month

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Lowest accepted price Average price Average yield Bid/Cover ratio
18.08.2025 New Issue 98.11607 98.11991 1.8951% 2.1
08.09.2025 Reopening 98.21364 98.21455 1.908% 3.8

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Volume Bids Competitive bids Non-competitive bids Allotted volume Retention quote
18.08.2025 New Issue 3,000 € mn 5,676 € mn 3,971 € mn 1,705 € mn 2,741 € mn 259 € mn
08.09.2025 Reopening 1,500 € mn 5,240 € mn 4,025 € mn 1,215 € mn 1,375 € mn 125 € mn