FRANKFURT (MNI) – Germany will sell E3 billion new 12-month bubills
on October 25, the Bundesbank confirmed Friday.
The formal tender offer will be announced next Friday, October 22.
Bids are due by 0900 GMT on Monday, October 25, with results of the
allocation to be announced shortly thereafter.
The bubills will settle on Wednesday, October 27, 2010 and mature
on October 26, 2011. This will be Germany’s second of six bubill
auctions in Q4.
— Frankfurt Newsroom +49 69 720 142: email: fftmail@marketnews.com —
[TOPICS: M$G$$$,M$$FI$,MGX$$$]
