FRANKFURT (MNI) – The German federal government will auction about
E6 billion in a top-up of its 1.00% coupon March 2012 two-year notes
(Schatzanweisungen) on April 7, the Bundesbank confirmed Tuesday.
The formal tender offer will be made on Tuesday, April 6. Bids are
due by 1000 GMT the next day, April 7, with results of the allocation
to be announced shortly thereafter.
The issue matures on March 16, 2012. Next week’s auction will bring
total volume of this security to E13 billion.
–Frankfurt Newsroom +49 69 72 01 42: email: frankfurt@marketnews.com–
[TOPICS: M$G$$$,M$$FI$,MFXBO$,MGX$$$]
