2.60 % Federal bond 2024 (2041)
ISIN
DE000BU2F009
WKN
BU2F00
Type
15-year Federal bond
Price (20.11.2024)
100.26
-0.72%
Yield (20.11.2024)
2.58%
+0.05 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 15 years |
| Issuance volume | 8,500,000,000 € |
| Issuance currency | € |
| Issuance date | 10.04.2024 |
| Maturity | 15.05.2041 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 2.60 |
|---|---|
| Payable | annually |
| Interest calculated from | 12. April 2024 |
| First interest payment | 15. May 2025 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 10.04.2024 | New Issue | 100.75 | 100.78 | 2.54% | 1.6 |
| 29.05.2024 | Reopening | 97.29 | 97.29 | 2.80% | 1.9 |
| 07.08.2024 | Reopening | 101.23 | 101.25 | 2.51% | 1.6 |
| 04.09.2024 | Reopening | 101.29 | 101.31 | 2.50% | 2.7 |
| 09.10.2024 | Reopening | 101.04 | 101.05 | 2.52% | 3.3 |
| 06.11.2024 | Reopening | 99.48 | 99.48 | 2.64% | 2.0 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 10.04.2024 | New Issue | 2,500 € mn | 3,211 € mn | 824 € mn | 2,387 € mn | 2,008.77 € mn | 491.23 € mn |
| 29.05.2024 | Reopening | 1,500 € mn | 2,361 € mn | 525 € mn | 1,836 € mn | 1,219.96 € mn | 280.04 € mn |
| 07.08.2024 | Reopening | 1,500 € mn | 1,933 € mn | 525 € mn | 1,408 € mn | 1,198.76 € mn | 301.24 € mn |
| 04.09.2024 | Reopening | 1,000 € mn | 2,236 € mn | 565 € mn | 1,671 € mn | 818.4 € mn | 181.6 € mn |
| 09.10.2024 | Reopening | 1,000 € mn | 2,763 € mn | 525 € mn | 2,238 € mn | 846.16 € mn | 153.84 € mn |
| 06.11.2024 | Reopening | 1,000 € mn | 1,607 € mn | 302 € mn | 1,305 € mn | 804.7 € mn | 195.3 € mn |