2.00 % Federal Treasury note 2025

ISIN
DE000BU22114
WKN
BU2211
Type
Federal Treasury note
Price (16.12.2025)
99.715 +0.02%
Yield (16.12.2025)
2.14% -0.01 PP
Current Price
99.715
15.12.2025
99.70
Change
+0.02%
52 week highs 100.239
52 week lows 99.63
Price incl. accrued interest 100.06
Accrued interest 0.35
Current Yield
2.14%
15.12.2025
2.15%
Change
-0.01 PP
52 week highs 2.19%
52 week lows 1.88%

Issuance data

Issuer Federal Republic of Germany
Maturity segment 2 years
Issuance volume 15,000,000,000 €
Issuance currency
Issuance date 14.10.2025
Maturity 16.12.2027
Smallest tradable unit 0.01 €
Stock-market listing yes
Eligibility for security gilt-edged
Terms of issue Download (PDF)

Coupon data

Coupon in % 2.00
Payable annually
Interest calculated from 16. October 2025
First interest payment 16. December 2026
Interest calculation actual/actual (ICMA)

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Lowest accepted price Average price Average yield Bid/Cover ratio
14.10.2025 New Issue 100.175 100.178 1.91% 1.4
04.11.2025 Reopening 100.02 100.026 1.98% 1.7
02.12.2025 Reopening 99.88 99.894 2.05% 1.7

Price and yield data are Deutsche Bundesbank reference prices.

Date Type Volume Bids Competitive bids Non-competitive bids Allotted volume Retention quote
14.10.2025 New Issue 5,500 € mn 5,909 € mn 2,472 € mn 3,437 € mn 4,249.6 € mn 1,250.4 € mn
04.11.2025 Reopening 5,000 € mn 6,290 € mn 4,260 € mn 2,030 € mn 3,766 € mn 1,234 € mn
02.12.2025 Reopening 4,500 € mn 6,156 € mn 3,670 € mn 2,486 € mn 3,562.68 € mn 937.32 € mn