2.60 % Federal bond 2023 (2033)
ISIN
DE000BU2Z015
WKN
BU2Z01
Type
10-year Federal bond
Rate (22.09.2023)
98.90
+0.00%
Yield (22.09.2023)
2.73%
+0.00 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 15,000,000,000 € |
| Issuance currency | € |
| Issuance date | 12.07.2023 |
| Maturity | 15.08.2033 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
Coupon data
| Coupon in % | 2.60 |
|---|---|
| Payable | annually |
| Interest calculated from | 14. July 2023 |
| First interest payment | 15. August 2024 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Volume | Maturity segment |
|---|---|---|---|
| 27.09.2023 | Reopening | 4,000 € mn | 10 years |
| 18.10.2023 | Reopening | 5,000 € mn | 10 years |
| 08.11.2023 | Reopening | 4,000 € mn | 10 years |
| 29.11.2023 | Reopening | 4,000 € mn | 10 years |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 12.07.2023 | New Issue | 99.6 | 99.61 | 2.64% | 1.9 |
| 09.08.2023 | Reopening | 101.19 | 101.2 | 2.46% | 1.6 |
| 06.09.2023 | Reopening | 99.77 | 99.77 | 2.63% | 1.7 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 12.07.2023 | New Issue | 5,000 € mn | 7,700 € mn | 2,071 € mn | 5,629 € mn | 4,114.5 € mn | 885.5 € mn |
| 09.08.2023 | Reopening | 5,000 € mn | 6,515 € mn | 2,116 € mn | 4,399 € mn | 4,039.35 € mn | 960.65 € mn |
| 06.09.2023 | Reopening | 5,000 € mn | 7,059 € mn | 1,908 € mn | 5,151 € mn | 4,098.13 € mn | 901.87 € mn |