2.50 % Federal bond 2025 (2035)
ISIN
DE000BU2Z049
WKN
BU2Z04
Type
10-year Federal bond
Price (28.03.2025)
98.02
+0.48%
Yield (28.03.2025)
2.73%
-0.06 PP
Issuance data
| Issuer | Federal Republic of Germany |
|---|---|
| Maturity segment | 10 years |
| Issuance volume | 18,500,000,000 € |
| Issuance currency | € |
| Issuance date | 08.01.2025 |
| Maturity | 15.02.2035 |
| Smallest tradable unit | 0.01 € |
| Stock-market listing | yes |
| Eligibility for security | gilt-edged |
| Terms of issue | Download (PDF) |
Coupon data
| Coupon in % | 2.50 |
|---|---|
| Payable | annually |
| Interest calculated from | 10. January 2025 |
| First interest payment | 15. February 2026 |
| Interest calculation | actual/actual (ICMA) |
| Date | Type | Volume | Maturity segment |
|---|---|---|---|
| 02.04.2025 | Reopening | 4,500 € mn | 10 years |
| 23.04.2025 | Reopening | 4,000 € mn | 10 years |
| 21.05.2025 | Reopening | 4,000 € mn | 10 years |
| 11.06.2025 | Reopening | 3,000 € mn | 10 years |
| Date | Type | Lowest accepted price | Average price | Average yield | Bid/Cover ratio |
|---|---|---|---|---|---|
| 08.01.2025 | New Issue | 99.88 | 99.90 | 2.51% | 2.1 |
| 29.01.2025 | Reopening | 99.67 | 99.67 | 2.54% | 2.8 |
| 19.02.2025 | Reopening | 99.77 | 99.78 | 2.52% | 2.8 |
| 12.03.2025 | Reopening | 96.42 | 96.43 | 2.92% | 2.1 |
| Date | Type | Volume | Bids | Competitive bids | Non-competitive bids | Allotted volume | Retention quote |
|---|---|---|---|---|---|---|---|
| 08.01.2025 | New Issue | 5,000 € mn | 8,021 € mn | 1,955 € mn | 6,066 € mn | 3,781.02 € mn | 1,218.98 € mn |
| 29.01.2025 | Reopening | 4,500 € mn | 9,761 € mn | 2,374 € mn | 7,387 € mn | 3,438.93 € mn | 1,061.07 € mn |
| 19.02.2025 | Reopening | 4,500 € mn | 9,580 € mn | 2,276 € mn | 7,304 € mn | 3,469.56 € mn | 1,030.44 € mn |
| 12.03.2025 | Reopening | 4,500 € mn | 7,312 € mn | 1,515 € mn | 5,797 € mn | 3,454.59 € mn | 1,045.41 € mn |