FRANKFURT (MNI) – Germany will top up its 1.75% coupon 10-year
linker by E1 billion, the Bundesbank announced Friday. The auction will
take place on January 12. The bond will be linked to Eurozone HICP
ex-tobacco products.
The official call for bids will be made on Tuesday. Bids are due by
11:00 GMT on Wednesday, with official auction results announced shortly
thereafter.
The tap will bring total issuance of this security to E13 bln. The
bond settles on Friday, January 14 and matures on April 15, 2020.
Germany’s Federal Finance Agency announced in December that it
plans to issue E2 to E3 billion in inflation-linked securities per
quarter this year. This is its first linker issuance this year.
–Frankfurt newsroom: +49-69-720142; frankfurt@marketnews.com
[TOPICS: M$G$$$,M$$FI$,MGX$$$]
