0.00% Federal bond 2020 (2035)
ISIN
DE0001102515
WKN
110251
Type
15-year Federal bond
Price (21.11.2024)
78.29
+0.40%
Yield (21.11.2024)
2.37%
-0.04 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 15 years |
| Issuance volume | 23,750,000,000 € |
| Issuance currency | € |
| Issuance date | 06.05.2020 |
| Maturity | 15.05.2035 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
| Transaction review 06.05.2020 | Download (PDF) |
Coupon data
| Coupon in % | 0.00 |
|---|---|
| Payable | annually |
| Interest calculated from | 13. May 2020 |
| First interest payment | 15. May 2021 |
| Next interest payment | 15. May 2025 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 06.05.2020 | New Issue* | - | 104.659 | -0.303% | - |
| 24.06.2020 | Reopening | 103.27 | 103.32 | -0.22% | 1.7 |
| 29.07.2020 | Reopening | 104.90 | 104.94 | -0.33% | 2.0 |
| 26.08.2020 | Reopening | 103.24 | 103.24 | -0.22% | 1.5 |
| 23.09.2020 | Reopening | 104.60 | 104.64 | -0.31% | 1.4 |
| 28.10.2020 | Reopening | 106.92 | 106.99 | -0.46% | 1.4 |
| 25.10.2023 | Reopening | 71.51 | 71.53 | 2.94% | 2.5 |
| 22.11.2023 | Reopening | 74.08 | 74.08 | 2.65% | 5.9 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 06.05.2020 | New Issue* | 7,500 € mn | - | - | - | 7,000 € mn | 500 € mn |
| 24.06.2020 | Reopening | 2,500 € mn | 3,586 € mn | 645 € mn | 2,941 € mn | 2,126.65 € mn | 373.35 € mn |
| 29.07.2020 | Reopening | 3,500 € mn | 5,993 € mn | 1,385 € mn | 4,608 € mn | 2,923.6 € mn | 576.4 € mn |
| 26.08.2020 | Reopening | 3,500 € mn | 4,575 € mn | 775 € mn | 3,800 € mn | 2,990 € mn | 510 € mn |
| 23.09.2020 | Reopening | 3,500 € mn | 4,100 € mn | 1,165 € mn | 2,935 € mn | 2,974.75 € mn | 525.25 € mn |
| 28.10.2020 | Reopening | 2,000 € mn | 2,356 € mn | 150 € mn | 2,206 € mn | 1,649.2 € mn | 350.8 € mn |
| 25.10.2023 | Reopening | 750 € mn | 1,501 € mn | 308 € mn | 1,193 € mn | 602.2 € mn | 147.8 € mn |
| 22.11.2023 | Reopening | 500 € mn | 2,459 € mn | 1,177 € mn | 1,282 € mn | 414.22 € mn | 85.78 € mn |