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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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