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1.70% Aug-32 Bund

GERMAN AUCTION PREVIEW
MNI (London)
  • On offer today: E4bln of the 1.70% Aug-32 Bund (ISIN: DE0001102606)
  • Market colour: 1.70% Aug-32 Bund yields rose to a high of 1.373% on July 21, after trading within the range of 1.069%-1.347% since its launch.
  • 10-year Bund yields fell around 45bp over the last week to stand around 0.922% at the 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

Current0.922%
06-Jul-22E5blnE4.009bln1.220%0.87x1.09x104.53NewAuction

Similar past auctions: 0% Feb-32 Bund (ISIN: DE0001102580)

IssuedAllottedAvg yieldBid/coverBid/offerPricePre-auctOperation

Current0.867%
Last 5 aveE4blnE3.294bln0.762%1.24x1.51x
08-Jun-22E4blnE3.266bln1.330%1.37x1.68x87.9787.94Auction
11-May-22E4blnE3.23bln0.960%1.10x1.36x91.0691.06Auction
13-Apr-22E4blnE3.274bln0.830%1.03x1.26x92.2192.20Auction

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