0.00% Federal bond 2016 (2026)
ISIN
DE0001102408
WKN
110240
Type
10-year Federal bond
Price (21.11.2024)
96.572
+0.11%
Yield (21.11.2024)
2.05%
-0.06 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 32,500,000,000 € |
| Issuance currency | € |
| Issuance date | 13.07.2016 |
| Maturity | 15.08.2026 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 0.00 |
|---|---|
| Payable | annually |
| Interest calculated from | 15. July 2016 |
| First interest payment | 15. August 2017 |
| Next interest payment | 15. August 2025 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 13.07.2016 | New Issue | 100.48 | 100.48 | -0.05% | 1.2 |
| 10.08.2016 | Reopening | 100.94 | 100.94 | -0.09% | 1.4 |
| 07.09.2016 | Reopening | 101.09 | 101.11 | -0.11% | 1.1 |
| 05.10.2016 | Reopening | 100.30 | 100.33 | -0.03% | 1.4 |
| 02.11.2016 | Reopening | 98.82 | 98.82 | 0.12% | 1.5 |
| 23.11.2016 | Reopening | 97.94 | 97.95 | 0.21% | 2.0 |
| 30.03.2020 | Reopening* | - | - | - | - |
| 16.04.2020 | Reopening* | - | - | - | - |
| 21.10.2022 | Reopening* | - | - | - | - |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 13.07.2016 | New Issue | 5,000 € mn | 4,783 € mn | 1,320 € mn | 3,463 € mn | 4,038 € mn | 962 € mn |
| 10.08.2016 | Reopening | 5,000 € mn | 5,661 € mn | 1,727 € mn | 3,934 € mn | 4,005.6 € mn | 994.4 € mn |
| 07.09.2016 | Reopening | 5,000 € mn | 3,951 € mn | 1,150 € mn | 2,801 € mn | 3,501 € mn | 1,499 € mn |
| 05.10.2016 | Reopening | 4,000 € mn | 4,565 € mn | 770 € mn | 3,795 € mn | 3,263.5 € mn | 736.5 € mn |
| 02.11.2016 | Reopening | 3,000 € mn | 3,768 € mn | 760 € mn | 3,008 € mn | 2,506 € mn | 494 € mn |
| 23.11.2016 | Reopening | 3,000 € mn | 5,107 € mn | 1,500 € mn | 3,607 € mn | 2,514.2 € mn | 485.8 € mn |
| 30.03.2020 | Reopening* | 2,000 € mn | - | - | - | - | 2,000 € mn |
| 16.04.2020 | Reopening* | 2,500 € mn | - | - | - | - | 2,500 € mn |
| 21.10.2022 | Reopening* | 3,000 € mn | - | - | - | - | 3,000 € mn |