April 30, 2024 09:41 GMT
Very successful Green Bobl launch
GERMAN AUCTION RESULTS
- There was strong demand for the new Green Bobl launch with bids of E5.158bln the second highest ever for a Green Bobl / Bund with only the inaugural Green Bobl auction in November 2020 saw a higher volume of bids (syndications have of course seen larger books than E5.158bln but they are not directly comparable).
- The bid-to-ocver was a bit lower than in the last couple of Green Bobl auctions - but only due to the larger volume issued today (E3bln).
- So overall a very successful launch today
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