By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) allotted €3.844 billion of the 2.50% five-year Federal note (Bobl) due April 16, 2031 on Tuesday at a reopening auction.
Total demand amounted to €5.083 billion, including €2.546 billion in price bids and €2.537 billion in non-competitive bids.
The note was allotted at a weighted average price of 98.42, corresponding to an average yield of 2.85%, with a bid-to-cover ratio of 1.3.
The retention quota stood at €1.156 billion.
Settlement was scheduled for May 21, 2026.
