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0.40% Sep-24 Schatz

GERMAN AUCTION PREVIEW
MNI (London)
  • On offer today: E5.5bln of the 0.40% Sep-24 Schatz (ISIN: DE0001104891)
  • Market colour: Having increased around 75bp from the Aug 9 launch, 0.40% Sep-24 Schatz yields are currently standing around 1.330%. This is approx. 8bp below the Sep 9 high.
  • Timing: Results will be available shortly after the auction closes at 1030 BST / 1130 CEST.


IssuedAllottedAvg yieldBid/coverBid/offerPricePre-auctOperation
On offer:E5.5blnCurrent1.330%
Last 1 aveE6blnE4.612bln0.580%0.99x1.29x
09-Aug-22E6blnE4.612bln0.580%0.99x1.29x99.63NewAuction

Similar past auctions: 0.20% Jun-24 Schatz

IssuedAllottedAvg yieldBid/coverBid/offerPricePre-auctOperation

Current1.215%
Last 3 aveE5.667blnE4.382bln0.603%0.98x1.25x
12-Jul-22E5.5blnE4.513bln0.340%0.97x1.18x99.7399.73Auction
14-Jun-22E5.5blnE4.518bln1.180%1.28x1.56x98.0998.07Auction
17-May-22E6blnE4.115bln0.290%0.71x1.03x99.82NewAuction


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