0.25% Federal bond 2018 (2028)
ISIN
DE0001102457
WKN
110245
Type
10-year Federal bond
Price (22.11.2024)
94.12
+0.36%
Yield (22.11.2024)
1.90%
-0.10 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 28,500,000,000 € |
| Issuance currency | € |
| Issuance date | 11.07.2018 |
| Maturity | 15.08.2028 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 0.25 |
|---|---|
| Payable | annually |
| Interest calculated from | 13. July 2018 |
| First interest payment | 15. August 2019 |
| Next interest payment | 15. August 2025 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 11.07.2018 | New Issue | 98.89 | 98.90 | 0.36% | 1.6 |
| 01.08.2018 | Reopening | 97.84 | 97.84 | 0.47% | 1.8 |
| 22.08.2018 | Reopening | 99.21 | 99.22 | 0.33% | 1.2 |
| 19.09.2018 | Reopening | 97.71 | 97.71 | 0.49% | 2.5 |
| 10.10.2018 | Reopening | 97.09 | 97.10 | 0.55% | 1.1 |
| 07.11.2018 | Reopening | 98.32 | 98.33 | 0.42% | 1.4 |
| 28.11.2018 | Reopening | 99.18 | 99.18 | 0.34% | 1.6 |
| 01.04.2020 | Reopening* | - | - | - | - |
| 16.04.2020 | Reopening* | - | - | - | - |
| 21.10.2022 | Reopening* | - | - | - | - |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 11.07.2018 | New Issue | 4,000 € mn | 5,185 € mn | 2,234 € mn | 2,951 € mn | 3,188.25 € mn | 811.75 € mn |
| 01.08.2018 | Reopening | 3,000 € mn | 4,259 € mn | 1,280 € mn | 2,979 € mn | 2,373.45 € mn | 626.55 € mn |
| 22.08.2018 | Reopening | 3,000 € mn | 2,987 € mn | 972 € mn | 2,015 € mn | 2,423.75 € mn | 576.25 € mn |
| 19.09.2018 | Reopening | 3,000 € mn | 6,181 € mn | 2,380 € mn | 3,801 € mn | 2,426.4 € mn | 573.6 € mn |
| 10.10.2018 | Reopening | 3,000 € mn | 2,719 € mn | 880 € mn | 1,839 € mn | 2,409 € mn | 591 € mn |
| 07.11.2018 | Reopening | 3,000 € mn | 3,377 € mn | 1,421 € mn | 1,956 € mn | 2,396.8 € mn | 603.2 € mn |
| 28.11.2018 | Reopening | 2,000 € mn | 2,763 € mn | 1,305 € mn | 1,458 € mn | 1,683 € mn | 317 € mn |
| 01.04.2020 | 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 |