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1.25% Aug-48 Bund

GERMAN AUCTION PREVIEW
MNI (London)
  • On offer today: E1.5bln of the 1.25% Aug-48 Bund (ISIN: DE0001102432)
  • Market colour: 1.25% Aug-48 Bund yields rose just shy of 60bp from the beginning of June to the June 21 high of 1.950%. Yields had since fallen back around 82bp to 1.131% at the time of writing, after increasing approx. 20bp since the beginning of the month.
  • Timing: Results will be available shortly after the auction closes at 1030 BST / 1130 CEST.


Auction history:

IssuedAllottedAvg yieldBid/coverBid/offerPricePre-auctOperation
On offer:E1.5blnCurrent1.131%
Last 5 aveE1.5blnE1.269bln0.044%1.40x1.65x
21-Jul-21E1.5blnE1.23bln0.030%1.11x1.35x132.74132.65Auction
14-Apr-21E1.5blnE1.287bln0.220%1.08x1.26x127.32127.15Auction
17-Feb-21E1.5blnE1.232bln0.100%1.08x1.31x131.08130.90Auction

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