Issuance
In 2024, a total of € 48 bn (2023: € 54.5 bn) is to be financed in twelve auctions of Federal notes (Bobl). Two new series are planned with maturities in April and October 2029, each of which will be reopened five times. Their outstanding volume will therefore amount to € 24 bn each by the end of the year.
Upcoming Auctions
Latest Auction Results
Date | Issuance | Bid/Cover | Volumes | Yield |
---|---|---|---|---|
26.11.2024 |
Bobl (R) DE000BU25034 | 1.7 | (A) (B) | 2.04% |
29.10.2024 |
Bobl (R) DE000BU25034 | 2.1 | (A) (B) | 2.13% |
01.10.2024 |
Bobl (R) DE000BU25034 | 1.9 | (A) (B) | 1.90% |
Bid/Cover Ratio: Ratio of offered and allocated volume
Issuance History & Progress
Current year vs. previous year
Issuance volumes incl. reopenings in own holdings.
Outstanding Federal Notes
At the end of 2023, Federal notes with a total volume of € 255 bn were outstanding, 14 % of total volume of Federal securities. The individual Federal notes had a volume of between € 22 bn and € 30 bn.
Current Share of Federal Notes in the Volume of all Federal Securities Outstanding
Current Outstanding of Federal Notes
Bond | Maturity | Coupon | Outstanding | Last Issuance | ISIN |
---|---|---|---|---|---|
Total volume | 258,000 € mn | - | |||
190 Bobl | 11.10.2029 | 2.50% | 24,000 € mn | 26.11.2024 | DE000BU25034 |
189 Bobl | 12.04.2029 | 2.10% | 25,000 € mn | 18.06.2024 | DE000BU25026 |
188 Bobl | 19.10.2028 | 2.40% | 29,500 € mn | 21.11.2023 | DE000BU25018 |
187 Bobl | 13.04.2028 | 2.20% | 25,000 € mn | 09.05.2023 | DE000BU25000 |
Bobl | 11.04.2025 | 0.00% | 23,000 € mn | 21.10.2022 | DE0001141810 |
Bobl | 10.10.2025 | 0.00% | 27,500 € mn | 07.06.2023 | DE0001141828 |
Bobl | 10.04.2026 | 0.00% | 28,000 € mn | 21.10.2022 | DE0001141836 |
Bobl | 09.10.2026 | 0.00% | 24,000 € mn | 01.12.2021 | DE0001141844 |
Bobl | 16.04.2027 | 0.00% | 22,000 € mn | 31.05.2022 | DE0001141851 |
Bobl | 15.10.2027 | 1.30% | 30,000 € mn | 30.08.2023 | DE0001141869 |