FRANKFURT (MNI) – The German federal government set a 0.50% coupon
on the E7 billion in new 2-year notes (Schatzanweisungen) that it will
auction on Wednesday, the Bundesbank announced Tuesday.
Bids are due by 09:00 GMT Wednesday, May 12 with results of the
allocation to be announced shortly thereafter.
The new tranche will settle on Friday, May 14. The issue matures on
June 15, 2012.
— Frankfurt Newsroom +49 69 72 01 42: email: frankfurt@marketnews.com–
[TOPICS: M$G$$$,M$$FI$,MFXBO$,MGX$$$]
