FRANKFURT (MNI) – The German federal government on Tuesday formally
announced it is seeking bids on the E1 billion top up of its
1.75%-coupon inflation-linked 10-year bond on June 9.
Bids are due by 1000 GMT on Wednesday, with auction results
announced shortly thereafter. The auction will settle on June 11. The
bond matures on April 15, 2020.
With the E8 billion of this security already in circulation,
tomorrow’s auction will bring total volume to E9 billion.
–Frankfurt bureau; +49-69-720142; frankfurt@marketnews.com
[TOPICS: M$G$$$,M$$FI$,MGX$$$]
