By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) allotted €3.845 billion of Federal bonds (Bunds) on Wednesday at a reopening auction of its 2.90% February 15, 2036 line.
The agency received total bids of €5.888 billion, including €3.378 billion of competitive bids and €2.510 billion of non-competitive bids.
The 2.90% Bund maturing February 15, 2036 was issued at a weighted average price of 97.83, corresponding to an average yield of 3.16%, with a bid-to-cover ratio of 1.5.
The retention quota amounted to €1.155 billion.
The auction increased the size of the line by €5 billion to €37.5 billion outstanding.
Settlement was scheduled for May 22, 2026.
