Auction result - reopening of the 10-year 0% Green Federal bond of 2020 (2030) Increase of the conventional 0% Federal bond of 2020 second issue (2030)

Press release of Bundesbank & Finanzagentur
2 March 2022

The result of the auction of 2 March 2022 for the
0% Green Federal bond of 2020 (2030)
Maturity: 15 August 2030, ISIN DE0001030708
was as follows:

Issue volume € 1,500.00 mn
Bids: € 1,743.00 mn
Competitive bids: € 400.00 mn
Non-competitive bids: € 1,343.00 mn
Allotment: € 1,440.85 mn

Lowest accepted price: 101.72%
Weighted average price: 101.72%
Average yield: -0.20 %
Allotment for bids at the lowest accepted price: 100 %
Allotment for non-competitive bids: 95 %
Cover ratio: 1.2
Retention quote: € 59.15 mn (own account of the Federal Government, placing by the Finance Agency in the secondary market)

The Federal Republic of Germany spent an amount equal to the proceeds derived from the issue of the 0% Green Federal bond of 2020 (2030) for expenditures that comply, on the date of the reopening of the 0% Green Federal bond of 2020 (2030), with the requirements stipulated by the Federal Republic of Germany in its Green Bond Framework dated 24 August 2020.

Increase of the conventional 0% Federal bond of 2020 second issue (2030)

Furthermore, with effect from 4 March 2022, the outstanding volume of the conventional twin bond, the 0% Federal bond of 2020 second issue (2030), due on 15 August 2030, ISIN DE0001102507, is increased by € 1.5 billion. This increase will be added to the Federal Government's own holdings. The outstanding volume of the conventional 0% Federal bond of 2020 second issue (2030) is now € 32 billion.

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