FRANKFURT (MNI) – The German federal government called for bids
Tuesday on its E5 billion top-up of the 2.25%-coupon September 2021,
10-year bund, the Bundesbank announced.
Bids for the top-up are due by 9:00 GMT Wednesday, September 21,
with results of the allocation to be announced shortly thereafter. The
top-up tranche will settle on Friday, September 23.
Given the E6 billion of the 10-year bond already issued, the top-up
will bring total volume outstanding to E11 billion for the security,
which matures on September 4, 2021 and is strippable.
— Frankfurt bureau: +49-69-720-142; email: frankfurt@marketnews.com —
[TOPICS: M$G$$$,M$$FI$,MFXBO$,MGX$$$]
