Auction result - reopening of the 10-year 0% Green Federal bond of 2021 (2031) Increase of the conventional 0% Federal bond of 2021 second issue (2031)

Press release of Bundesbank & Finanzagentur
20 October 2021

The result of the auction of 20 October 2021 for the
0% Green Federal bond of 2021 (2031)
Maturity: 15 August 2031, ISIN DE0001030732
was as follows:

Issue volume € 3,000.00 mn
Bids: € 1,774.00 mn
Competitive bids: € 612.00 mn
Non-competitive bids: € 1,162.00 mn
Allotment: € 1,649.00 mn

Lowest accepted price: 101.53 %
Weighted average price: 101.54 %
Average yield: -0.16 %
Allotment for bids at the lowest accepted price: 100 %
Allotment for non-competitive bids: 100 %
Cover ratio: 1.1
Retention quote: € 1,351.00 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 2021 (2031) for expenditures that comply, on the date of the issue of the 0% Green Federal bond of 2021 (2031), 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 2021 second issue (2031)

Furthermore, with effect from 22 October 2021, the outstanding volume of the conventional twin bond, the 0% Federal bond of 2021 second issue (2031), due on 15 August 2031, ISIN DE0001102564, is increased by € 3 billion. This increase will be added to the Federal Government's own holdings. The outstanding volume of the conventional 0% Federal bond of 2021 second issue (2031) is now € 23.5 billion.

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