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 November 10.
Bids are due by 1100 GMT on Wednesday, with auction results
announced shortly thereafter. The auction will settle on November 12.
The bond matures on April 15, 2020.
With the E11 billion of this security already in circulation,
tomorrow’s auction will bring total volume to E12 billion.
–Frankfurt bureau; +49-69-720142; frankfurt@marketnews.com
[TOPICS: M$G$$$,M$$FI$,MGX$$$]
