Frankfurt am Main, 13-Apr-2016 — /EuropaWire/ — As already announced in the issuance calendar for the second quarter of 2016, the Federal Government will reopen once again the
0.50 % bond of the Federal Republic of Germany of 2016 (2026) issued on 13 January 2016 – ISIN DE0001102390
on 20 April 2016, using an auction procedure. An increase of € 4 billion is envisaged for the issue (auction allotment and amount set aside for secondary market operations). The current volume of the bond amounts to € 14 billion. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 19 April 2016
Bidding period: Wednesday, 20 April 2016,
from 8.00 a.m. until 11.30 a.m. Frankfurt time
Inclusion in stock
exchange trading: Wednesday, 20 April 2016
Value date: Friday, 22 April 2016
Terms of the issue to be reopened:
Maturity: 15 February 2026
Interest payment: 15 February annually,
interest has begun to accrue on 15 January 2016
First interest payment: 15 February 2017 for 397 days
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.
(IN BRIEF) Despite a slight decrease in unit sales, the TRATON GROUP reports a successful…
(IN BRIEF) As the new season of the Deutsche Tourenwagen Masters (DTM) commences, Schaeffler and…
(IN BRIEF) Michelin and Porsche continue their longstanding partnership with the introduction of three tailored…
(IN BRIEF) Telefónica Tech has been acknowledged as a pioneering force in the development and…
(IN BRIEF) BASF has expanded its sustainable food production offerings with the introduction of ecovio®…
(IN BRIEF) ArcelorMittal has published its first-quarter 2024 sell-side analyst consensus figures, revealing estimates for…