Deutsche Bundesbank: Federal Government will reopen the 0 % bond of the Federal Republic of Germany of 2016 (2026)

FRANKFURT AM MAIN, 03-Aug-2016 — /EuropaWire/ — As already announced in the issuance calendar for the third quarter of 2016, the Federal Government will reopen the 0 % bond of the Federal Republic of Germany of 2016 (2026) issued on 13 July 2016 – ISIN DE0001102408 on 10 August 2016, using an auction procedure. An increase of € 5 billion is envisaged for the issue (auction allotment and amount set aside for secondary market operations). The current volume of the bond amounts to € 5 billion. Members of the Bund Issues Auction Group are entitled to bid.

Time schedule of the auction procedure:

Date of invitation to bid: Tuesday, 9 August 2016
Bidding period: Wednesday, 10 August 2016, from 8.00 a.m. until 11.30 a.m. Frankfurt time
Inclusion in stock exchange trading: Wednesday, 10 August 2016
Value date: Friday, 12 August 2016

Terms of the issue to be reopened:

Maturity: 15 August 2026
Stripping: Due to the coupon of 0 % stripping is not possible

Deutsche Bundesbank, Communications Department Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: +49 (0)69 9566 3511 or 3512, Fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated.