Treasury discount paper 12M

ISIN
DE000BU0E451
WKN
BU0E45
Type
Treasury discount paper 12 month

Issuance data

Issuer Federal Republic of Germany
Maturity segment 12 month
Issuance volume 4,000,000,000 €
Issuance currency
Issuance date 14.09.2026
Maturity 15.09.2027
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
19.10.2026 Reopening 2,000 € mn 12 month
23.11.2026 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
14.09.2026 New Issue 96.99029 96.9941 3.065% 1.8

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Volume Bids Competitive bids Non-competitive bids Allotted volume Retention quote
14.09.2026 New Issue 4,000 € mn 6,565 € mn 4,360 € mn 2,205 € mn 3,650 € mn 350 € mn