3,00 % Federal bond 2026 (2036)
ISIN
DE000BU2Z072
WKN
BU2Z07
Type
10-year Federal bond
Price (06.11.2026)
98.14
+0.37%
Yield (06.11.2026)
3.22%
-0.04 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 34,500,000,000 € |
| Issuance currency | € |
| Issuance date | 08.07.2026 |
| Maturity | 15.08.2036 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 3.00 |
|---|---|
| Payable | annually |
| Interest calculated from | 10. Juli 2026 |
| First interest payment | 15. August 2027 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Volume | Maturity segment |
|---|---|---|---|
| 25.11.2026 | Reopening | 5,000 € mn | 10 years |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 08.07.2026 | New Issue | 99.18 | 99.20 | 3.09% | 1.0 |
| 29.07.2026 | Reopening | 98.89 | 98.91 | 3.13% | 1.1 |
| 19.08.2026 | Reopening | 97.75 | 97.78 | 3.26% | 1.1 |
| 09.09.2026 | Reopening | 96.72 | 96.73 | 3.39% | 1.5 |
| 30.09.2026 | Reopening | 95.22 | 95.24 | 3.58% | 1.2 |
| 28.10.2026 | Reopening | 96.93 | 96.95 | 3.37% | 1.1 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 08.07.2026 | New Issue | 6,000 € mn | 4,022 € mn | 2,150 € mn | 1,872 € mn | 3,902 € mn | 2,098 € mn |
| 29.07.2026 | Reopening | 6,000 € mn | 5,127 € mn | 2,670 € mn | 2,457 € mn | 4,497 € mn | 1,503 € mn |
| 19.08.2026 | Reopening | 6,000 € mn | 4,334 € mn | 2,384 € mn | 1,950 € mn | 3,769 € mn | 2,231 € mn |
| 09.09.2026 | Reopening | 5,500 € mn | 6,186 € mn | 4,095 € mn | 2,091 € mn | 4,200.99 € mn | 1,299.01 € mn |
| 30.09.2026 | Reopening | 5,500 € mn | 4,829 € mn | 2,687 € mn | 2,142 € mn | 4,177 € mn | 1,323 € mn |
| 28.10.2026 | Reopening | 5,500 € mn | 4,460 € mn | 3,143 € mn | 1,317 € mn | 3,890 € mn | 1,610 € mn |