2.50% Green Federal bond 2025 (2035)
ISIN
DE000BU3Z047
WKN
BU3Z047
Type
Green Federal securities
Price (11.08.2026)
95.46
-0.48%
Yield (11.08.2026)
3.11%
+0.06 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 9,500,000,000 € |
| Issuance currency | € |
| Issuance date | 08.04.2025 |
| Maturity | 15.02.2035 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
| Green Bond Framework 2020 | Download (PDF) |
| Green Bond Framework 2026 | Download (PDF) |
Coupon data
| Coupon in % | 2.50 |
|---|---|
| Payable | annually |
| Interest calculated from | 10. Januar 2025 |
| First interest payment | 15. Februar 2026 |
| Next interest payment | 15. Februar 2027 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 08.04.2025 | New Issue | 98.96 | 98.98 | 2.62% | 1.3 |
| 22.07.2025 | Reopening | 99.34 | 99.34 | 2.58% | 2.1 |
| 09.09.2025 | Reopening | 99.04 | 99.05 | 2.61% | 1.9 |
| 21.10.2025 | Reopening | 99.85 | 99.85 | 2.52% | 2.2 |
| 03.02.2026 | Reopening | 97.73 | 97.74 | 2.79% | 2.0 |
| 07.04.2026 | Reopening | 96.66 | 96.66 | 2.93% | 1.5 |
| 05.05.2026 | Reopening | 96.18 | 96.18 | 3.00% | 2.6 |
| 09.06.2026 | Reopening | 96.34 | 96.36 | 2.98% | 1.7 |
| 05.08.2026 | Reopening | 96.20 | 96.20 | 3.01% | 1.9 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 08.04.2025 | New Issue | 3,000 € mn | 3,157 € mn | 1,000 € mn | 2,157 € mn | 2,385.72 € mn | 614.28 € mn |
| 22.07.2025 | Reopening | 1,000 € mn | 1,923 € mn | 1,221 € mn | 702 € mn | 930.8 € mn | 69.2 € mn |
| 09.09.2025 | Reopening | 1,000 € mn | 1,622 € mn | 730 € mn | 892 € mn | 851.28 € mn | 148.72 € mn |
| 21.10.2025 | Reopening | 750 € mn | 1,577 € mn | 425 € mn | 1,152 € mn | 718.4 € mn | 31.6 € mn |
| 03.02.2026 | Reopening | 1,500 € mn | 2,719 € mn | 1,070 € mn | 1,649 € mn | 1,353.87 € mn | 146.13 € mn |
| 07.04.2026 | Reopening | 750 € mn | 979 € mn | 422 € mn | 557 € mn | 659 € mn | 91 € mn |
| 05.05.2026 | Reopening | 500 € mn | 1,264 € mn | 652 € mn | 612 € mn | 483.68 € mn | 16.32 € mn |
| 09.06.2026 | Reopening | 500 € mn | 768 € mn | 306 € mn | 462 € mn | 453.32 € mn | 46.68 € mn |
| 05.08.2026 | Reopening | 500 € mn | 887 € mn | 565 € mn | 322 € mn | 472 € mn | 28 € mn |