FRANKFURT (MNI) – Germany will sell E3 billion new 12-month bubills
on January 24, the Bundesbank confirmed Friday.

The formal tender offer will be announced next Friday, January 21.
Bids are due by 0900 GMT on Monday, January 24, with results of the
allocation to be announced shortly thereafter.

The bubills will settle on Wednesday, January 26, 2011 and mature
on January 25, 2012. This will be Germany’s second of six bubill
auctions in Q1.

— Frankfurt Newsroom +49 69 720 142: email: fftmail@marketnews.com —

[TOPICS: M$G$$$,M$$FI$,MGX$$$]