Germany: Finanzagentur Allots €2.13 Billion in Bund Reopenings on May 13

13 May 2026

By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) allotted a combined €2.125 billion in reopened Federal bonds (Bunds) on Wednesday across two long-dated maturities.

Finanzagentur allotted €985.71 million of a reopened 3.40% Bund maturing May 15, 2047 and €1.140 billion of a reopened 2.50% Bund maturing August 15, 2054.

Total bids reached €4.576 billion, including €3.161 billion of competitive bids and €1.415 billion of non-competitive bids.

The May 2047 bond was allotted at an average yield of 3.54%, with a cover ratio of 3.1 and a retention quota of €14.29 million. The reopening increased the total issue volume to €8.5 billion from €7.5 billion.

The August 2054 bond was allotted at an average yield of 3.62%, with a cover ratio of 1.3 and a retention quota of €360.44 million. The reopening increased the total issue volume to €29.0 billion from €27.5 billion.

Settlement was scheduled for May 15, 2026.

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