2.50 % Federal note - series 193

ISIN
DE000BU25067
WKN
BU2506
Type
Federal note
Price (19.06.2026)
99.11 -0.08%
Yield (19.06.2026)
2.70% +0.02 PP
Current Price
99.11
18.06.2026
99.19
Change
-0.08%
52 week highs 101.10
52 week lows 98.33
Price incl. accrued interest 100.199
Accrued interest 1.09
Current Yield
2.70%
18.06.2026
2.68%
Change
+0.02 PP
52 week highs 2.87%
52 week lows 2.27%

Issuance data

Issuer Federal Republic of Germany
Maturity segment 5 years
Issuance volume 36,000,000,000 €
Issuance currency €
Issuance date 13.01.2026
Maturity 16.04.2031
Smallest tradable unit 0.01 €
Stock-market listing yes
Eligibility for security gilt-edged
Terms of issue Download (PDF)

Coupon data

Coupon in % 2.50
Payable annually
Interest calculated from 15. Januar 2026
First interest payment 16. April 2027
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
13.01.2026 New Issue 100.16 100.16 2.47% 1.4
10.02.2026 Reopening 100.48 100.48 2.40% 1.7
03.03.2026 Reopening 100.30 100.31 2.43% 1.2
24.03.2026 Reopening 98.94 98.97 2.72% 1.1
14.04.2026 Reopening 98.86 98.88 2.74% 1.0
19.05.2026 Reopening 98.41 98.42 2.85% 1.3
16.06.2026 Reopening 99.34 99.35 2.64% 1.6

Price and yield data are Deutsche Bundesbank reference prices.
Date Type Volume Bids Competitive bids Non-competitive bids Allotted volume Retention quote
13.01.2026 New Issue 6,000 € mn 6,483 € mn 2,745 € mn 3,738 € mn 4,596.6 € mn 1,403.4 € mn
10.02.2026 Reopening 5,000 € mn 6,297 € mn 2,752 € mn 3,545 € mn 3,811.05 € mn 1,188.95 € mn
03.03.2026 Reopening 5,000 € mn 4,569 € mn 1,635 € mn 2,934 € mn 3,825.32 € mn 1,174.68 € mn
24.03.2026 Reopening 5,000 € mn 3,858 € mn 1,445 € mn 2,413 € mn 3,548 € mn 1,452 € mn
14.04.2026 Reopening 5,000 € mn 4,113 € mn 2,115 € mn 1,998 € mn 3,953.04 € mn 1,046.96 € mn
19.05.2026 Reopening 5,000 € mn 5,083 € mn 2,546 € mn 2,537 € mn 3,844.41 € mn 1,155.59 € mn
16.06.2026 Reopening 5,000 € mn 6,276 € mn 3,854 € mn 2,422 € mn 3,823.66 € mn 1,176.34 € mn