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2.50% Aug-46 Bund

GERMAN AUCTION PREVIEW
MNI (London)

On offer today: E1bln of the 2.50% Aug-46 Bund (ISIN: DE0001102341)

  • The off-the-run 2.50% Aug-46 Bund was initially launched in 2014. The most recent re-opening was in June 2019.
  • Market colour: Long-term Bund yields have risen substantially from the 0.0169% dip seen on March 4 as political tensions shook markets at the commencement of the Ukraine war. Yields have since rebounded by approx. 96bp to continue in an upwards trajectory.
  • Timing: Results will be available shortly after the auction closes at 1030 BST / 1130 CEST.

Auction history:

IssuedAllottedAvg yieldBid/coverBid/offerPrice

Current0.969%
19-Jun-19E1blnE834mln0.260%1.36x1.63x158.80

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