February 21, 2023 10:37 GMT
Strong auction
GERMAN AUCTION RESULTS
- That is a relatively strong Bobl auction. The average and low price were both 98.16 (and above the pre-auction mid-price albeit the price did dip from 98.24 5 minutes before the bid deadline).
- The allotted amount of E4.3535bln was the highest amount seen at a Bobl auction since at least the beginning of 2020 while the amount bid has not been higher since August 2020.
- Following the release of the auction results the Bobl has returned to trading above the auction price.
81 words