1.25% Federal bond 2017 (2048)

ISIN

DE0001102432

WKN

110243

Type

30-year Federal bond

Price (21.11.2024)

77.67 +0.75%

Yield (21.11.2024)

2.51% -0.04 PP

Current Price

77.67

20.11.2024

77.09

Change

+0.75%

52 week highs	82.99
52 week lows	72.48
Price incl. accrued interest	78.019
Accrued interest	0.35

Current Yield

2.51%

20.11.2024

2.55%

Change

-0.04 PP

52 week highs	2.84%
52 week lows	2.15%

Issuance data

Issuer	Federal Republic of Germany
Maturity segment	30 years
Issuance volume	37,500,000,000 €
Issuance currency	€
Issuance date	20.09.2017
Maturity	15.08.2048
Smallest tradable unit	0.01 €
Stock-market listing	yes
Eligibility for security	gilt-edged
Terms of issue	Download (PDF)

Coupon data

Coupon in %	1.25
Payable	annually
Interest calculated from	15. August 2017
First interest payment	15. August 2018
Next interest payment	15. August 2025
Interest calculation	actual/actual (ICMA)

* Issue was conducted outside the auction process into own holdings or via syndication.

Price and yield data are Deutsche Bundesbank reference prices.
Date	Type	Lowest accepted price	Average price	Average yield	Bid/Cover ratio
20.09.2017	New Issue	99.40	99.41	1.27%	1.8
18.10.2017	Reopening	100.66	100.66	1.22%	1.7
22.11.2017	Reopening	101.17	101.17	1.20%	1.7
17.01.2018	Reopening	99.17	99.20	1.28%	1.4
14.03.2018	Reopening	99.35	99.39	1.27%	1.1
09.05.2018	Reopening	99.65	99.69	1.26%	1.1
18.07.2018	Reopening	105.98	105.98	1.02%	1.7
12.09.2018	Reopening	103.75	103.77	1.10%	2.0
14.11.2018	Reopening	105.23	105.26	1.04%	1.2
16.01.2019	Reopening	110.51	110.53	0.85%	1.1
13.03.2019	Reopening	113.43	113.45	0.74%	1.5
15.05.2019	Reopening	119.50	119.51	0.53%	1.8
17.07.2019	Reopening	126.56	126.57	0.30%	1.1
16.10.2019	Reopening	133.68	133.68	0.07%	1.3
19.02.2020	Reopening	133.15	133.20	0.07%	1.1
16.04.2020	Reopening*	-	-	-	-
13.05.2020	Reopening	139.80	139.90	-0.13%	2.5
22.07.2020	Reopening	137.04	137.15	-0.06%	2.4
16.09.2020	Reopening	137.30	137.31	-0.07%	1.9
17.02.2021	Reopening	130.96	131.08	0.10%	1.3
14.04.2021	Reopening	127.27	127.32	0.22%	1.3
21.07.2021	Reopening	132.74	132.74	0.03%	1.3
10.08.2022	Reopening	103.30	103.47	1.10%	1.6
21.10.2022	Reopening*	-	-	-	-
15.02.2023	Reopening	79.88	79.90	2.30%	2.8
12.04.2023	Reopening	79.55	79.55	2.33%	1.9
11.10.2023	Reopening	71.12	71.15	2.89%	1.4

* Issue was conducted outside the auction process into own holdings or via syndication.

Price and yield data are Deutsche Bundesbank reference prices.
Date	Type	Volume	Bids	Competitive bids	Non-competitive bids	Allotted volume	Retention quote
20.09.2017	New Issue	2,000 € mn	2,932 € mn	1,049 € mn	1,883 € mn	1,630.6 € mn	369.4 € mn
18.10.2017	Reopening	1,000 € mn	1,335 € mn	439 € mn	896 € mn	807.4 € mn	192.6 € mn
22.11.2017	Reopening	1,000 € mn	1,405 € mn	261 € mn	1,144 € mn	838.6 € mn	161.4 € mn
17.01.2018	Reopening	1,500 € mn	1,724 € mn	291 € mn	1,433 € mn	1,261.4 € mn	238.6 € mn
14.03.2018	Reopening	1,500 € mn	1,281 € mn	202 € mn	1,079 € mn	1,211 € mn	289 € mn
09.05.2018	Reopening	1,500 € mn	1,059 € mn	237 € mn	822 € mn	1,008 € mn	492 € mn
18.07.2018	Reopening	1,000 € mn	1,395 € mn	492 € mn	903 € mn	822.4 € mn	177.6 € mn
12.09.2018	Reopening	1,000 € mn	1,544 € mn	188 € mn	1,356 € mn	768 € mn	232 € mn
14.11.2018	Reopening	1,500 € mn	1,373 € mn	403 € mn	970 € mn	1,185 € mn	315 € mn
16.01.2019	Reopening	1,500 € mn	1,339 € mn	208 € mn	1,131 € mn	1,211 € mn	289 € mn
13.03.2019	Reopening	1,000 € mn	1,221 € mn	170 € mn	1,051 € mn	833.25 € mn	166.75 € mn
15.05.2019	Reopening	1,000 € mn	1,443 € mn	249 € mn	1,194 € mn	806.1 € mn	193.9 € mn
17.07.2019	Reopening	1,000 € mn	862 € mn	110 € mn	752 € mn	807 € mn	193 € mn
16.10.2019	Reopening	1,000 € mn	1,016 € mn	160 € mn	856 € mn	785.4 € mn	214.6 € mn
19.02.2020	Reopening	1,500 € mn	1,045 € mn	140 € mn	905 € mn	975 € mn	525 € mn
16.04.2020	Reopening*	2,500 € mn	-	-	-	-	2,500 € mn
13.05.2020	Reopening	1,000 € mn	2,144 € mn	293 € mn	1,851 € mn	863.4 € mn	136.6 € mn
22.07.2020	Reopening	1,500 € mn	3,030 € mn	619 € mn	2,411 € mn	1,261.35 € mn	238.65 € mn
16.09.2020	Reopening	1,500 € mn	2,596 € mn	398 € mn	2,198 € mn	1,333.9 € mn	166.1 € mn
17.02.2021	Reopening	1,500 € mn	1,616 € mn	644 € mn	972 € mn	1,232.4 € mn	267.6 € mn
14.04.2021	Reopening	1,500 € mn	1,616 € mn	709 € mn	907 € mn	1,287 € mn	213 € mn
21.07.2021	Reopening	1,500 € mn	1,658 € mn	335 € mn	1,323 € mn	1,229.55 € mn	270.45 € mn
10.08.2022	Reopening	1,500 € mn	1,869 € mn	553 € mn	1,316 € mn	1,165 € mn	335 € mn
21.10.2022	Reopening*	3,000 € mn	-	-	-	-	3,000 € mn
15.02.2023	Reopening	1,000 € mn	2,293 € mn	155 € mn	2,138 € mn	808.3 € mn	191.7 € mn
12.04.2023	Reopening	1,000 € mn	1,571 € mn	494 € mn	1,077 € mn	818.5 € mn	181.5 € mn
11.10.2023	Reopening	1,000 € mn	1,130 € mn	171 € mn	959 € mn	806.3 € mn	193.7 € mn

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