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0% Feb-32 Bund

GERMAN AUCTION PREVIEW
MNI (London)
  • On offer today: E4bln of the 0% Feb-32 Bund (ISIN: DE0001102580)
  • Market colour: The 0% Feb-32 Bund yield has risen around 100bp since its launch at the beginning of the year. Late February to March 4 saw a 33bp fall in yields due to the outbreak of the Ukraine war, followed by strong growth to the 1.186% high on Monday. Yields have since ticked down again to stand at 1.010% at time of writing.
  • Timing: Results will be available shortly after the auction closes at 1030 BST / 1130 CEST.


Auction history:

IssuedAllottedAvg yieldBid/coverBid/offerPricePre-auctOperation
On offer:E4blnCurrent1.010%
Last 5 aveE4blnE3.29bln0.270%1.21x1.47x
13-Apr-22E4blnE3.274bln0.830%1.03x1.26x92.2192.20Auction
16-Mar-22E4blnE3.427bln0.380%1.08x1.26x96.2896.26Auction
16-Feb-22E4blnE3.273bln0.310%1.63x1.99x96.9896.95Auction
26-Jan-22E4blnE3.344bln-0.080%1.15x1.38x100.78100.76Auction
05-Jan-22E4blnE3.13bln-0.090%1.14x1.46x100.95NewAuction

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