2.60 % Federal bond 2024 (2034)
ISIN
DE000BU2Z031
WKN
BU2Z03
Type
10-year Federal bond
Price (22.10.2024)
102.42
-0.73%
Yield (22.10.2024)
2.32%
+0.08 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 27,500,000,000 € |
| Issuance currency | € |
| Issuance date | 03.07.2024 |
| Maturity | 15.08.2034 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 2.60 |
|---|---|
| Payable | annually |
| Interest calculated from | 05. July 2024 |
| First interest payment | 15. August 2025 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Volume | Maturity segment |
|---|---|---|---|
| 13.11.2024 | Reopening | 4,000 € mn | 10 years |
| 04.12.2024 | Reopening | 3,500 € mn | 10 years |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 03.07.2024 | New Issue | 99.76 | 99.76 | 2.63% | 1.9 |
| 24.07.2024 | Reopening | 101.48 | 101.48 | 2.43% | 1.8 |
| 21.08.2024 | Reopening | 103.39 | 103.39 | 2.22% | 2.0 |
| 11.09.2024 | Reopening | 104.31 | 104.31 | 2.11% | 2.1 |
| 02.10.2024 | Reopening | 104.56 | 104.57 | 2.08% | 2.0 |
| 23.10.2024 | Reopening | 102.51 | 102.51 | 2.31% | 2.3 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 03.07.2024 | New Issue | 5,000 € mn | 7,628 € mn | 1,921 € mn | 5,707 € mn | 4,072.25 € mn | 927.75 € mn |
| 24.07.2024 | Reopening | 5,000 € mn | 7,583 € mn | 1,951 € mn | 5,632 € mn | 4,142.28 € mn | 857.72 € mn |
| 21.08.2024 | Reopening | 4,500 € mn | 7,463 € mn | 1,896 € mn | 5,567 € mn | 3,673.16 € mn | 826.84 € mn |
| 11.09.2024 | Reopening | 4,500 € mn | 7,831 € mn | 1,834 € mn | 5,997 € mn | 3,687.71 € mn | 812.29 € mn |
| 02.10.2024 | Reopening | 4,500 € mn | 7,319 € mn | 2,330 € mn | 4,989 € mn | 3,703.51 € mn | 796.49 € mn |
| 23.10.2024 | Reopening | 4,000 € mn | 7,730 € mn | 1,850 € mn | 5,880 € mn | 3,302.6 € mn | 697.4 € mn |