2.40 % Federal note - series 191
ISIN
DE000BU25042
WKN
BU2504
Type
Federal note
Price (29.04.2025)
101.74
+0.09%
Yield (29.04.2025)
2.03%
-0.02 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 5 years |
| Issuance volume | 23,500,000,000 € |
| Issuance currency | € |
| Issuance date | 14.01.2025 |
| Maturity | 18.04.2030 |
| 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 | 16. January 2025 |
| First interest payment | 18. April 2026 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Volume | Maturity segment |
|---|---|---|---|
| 06.05.2025 | Reopening | 4,500 € mn | 5 years |
| 10.06.2025 | Reopening | 4,000 € mn | 5 years |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 14.01.2025 | New Issue | 99.86 | 99.87 | 2.42% | 2.5 |
| 11.02.2025 | Reopening | 101.08 | 101.09 | 2.17% | 2.0 |
| 04.03.2025 | Reopening | 101.18 | 101.19 | 2.15% | 1.7 |
| 25.03.2025 | Reopening | 99.77 | 99.78 | 2.44% | 1.9 |
| 15.04.2025 | Reopening | 101.57 | 101.57 | 2.06% | 1.4 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 14.01.2025 | New Issue | 5,000 € mn | 9,561 € mn | 2,125 € mn | 7,436 € mn | 3,793.24 € mn | 1,206.76 € mn |
| 11.02.2025 | Reopening | 5,000 € mn | 7,413 € mn | 1,145 € mn | 6,268 € mn | 3,776.68 € mn | 1,223.32 € mn |
| 04.03.2025 | Reopening | 4,500 € mn | 5,927 € mn | 1,320 € mn | 4,607 € mn | 3,505.27 € mn | 994.73 € mn |
| 25.03.2025 | Reopening | 4,500 € mn | 6,432 € mn | 1,405 € mn | 5,027 € mn | 3,430.66 € mn | 1,069.34 € mn |
| 15.04.2025 | Reopening | 4,500 € mn | 4,909 € mn | 1,270 € mn | 3,639 € mn | 3,548.98 € mn | 951.02 € mn |