FRANKFURT (MNI) – The German federal government formally called for
bids Tuesday on its E2 billion top-up of the 3.25%-coupon, 30-year Bund
(July 2042 maturity), the Bundesbank announced.
Bids are due by 9:00 GMT tomorrow, October 12, with results of the
auction available shortly thereafter.
The issue, which is strippable, matures on July 4, 2042. The top-up
tranche will settle on Friday, October 14.
— Frankfurt bureau: +49-69-720 142; email: frankfurt@marketnews.com —
[TOPICS: M$G$$$,M$$FI$,MFXBO$,MGX$$$]
