2.40 % Federal note - series 188
ISIN
DE000BU25018
WKN
BU2501
Type
Federal note
Price (25.04.2024)
99.17
-0.12%
Yield (25.04.2024)
2.59%
+0.03 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 5 years |
| Issuance volume | 29,500,000,000 € |
| Issuance currency | € |
| Issuance date | 13.06.2023 |
| Maturity | 19.10.2028 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 2.40 |
|---|---|
| Payable | annually |
| Interest calculated from | 15. June 2023 |
| First interest payment | 19. October 2024 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 13.06.2023 | New Issue | 99.91 | 99.92 | 2.41% | 1.7 |
| 11.07.2023 | Reopening | 98.45 | 98.46 | 2.71% | 1.9 |
| 08.08.2023 | Reopening | 99.51 | 99.51 | 2.50% | 2.3 |
| 29.08.2023 | Reopening | 99.20 | 99.21 | 2.56% | 2.1 |
| 26.09.2023 | Reopening | 98.29 | 98.29 | 2.76% | 2.0 |
| 24.10.2023 | Reopening | 98.55 | 98.55 | 2.71% | 2.0 |
| 21.11.2023 | Reopening | 99.26 | 99.26 | 2.56% | 2.1 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 13.06.2023 | New Issue | 5,000 € mn | 6,643 € mn | 2,475 € mn | 4,168 € mn | 3,992.6 € mn | 1,007.4 € mn |
| 11.07.2023 | Reopening | 5,000 € mn | 7,239 € mn | 1,331 € mn | 5,908 € mn | 3,823.4 € mn | 1,176.6 € mn |
| 08.08.2023 | Reopening | 4,000 € mn | 7,686 € mn | 3,030 € mn | 4,656 € mn | 3,371.8 € mn | 628.2 € mn |
| 29.08.2023 | Reopening | 4,000 € mn | 7,228 € mn | 1,820 € mn | 5,408 € mn | 3,393.6 € mn | 606.4 € mn |
| 26.09.2023 | Reopening | 4,000 € mn | 6,630 € mn | 1,530 € mn | 5,100 € mn | 3,250 € mn | 750 € mn |
| 24.10.2023 | Reopening | 4,000 € mn | 6,454 € mn | 1,955 € mn | 4,499 € mn | 3,261.95 € mn | 738.05 € mn |
| 21.11.2023 | Reopening | 3,500 € mn | 5,867 € mn | 1,137 € mn | 4,730 € mn | 2,829.7 € mn | 670.3 € mn |