By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) allotted €4.06 billion of Federal Treasury discount papers (Bubills) on Monday across two maturities.
The agency allotted €1.895 billion of Bubills maturing August 19, 2026 and €2.165 billion of Bubills maturing February 17, 2027.
Total bids reached €10.587 billion, with both lines drawing bid-to-cover ratios of 2.6.
The August 19, 2026 Bubill was issued at an average yield of 2.164%, with a retention quota of €105.2 million.
The February 17, 2027 Bubill was issued at an average yield of 2.488%. Retention amounted to €835 million.
