By Laura Contemori – ROME (Econostream) – Germany’s Finance Agency (Finanzagentur) on Tuesday raised €3.824 billion in a reopening of its 2.50% federal note (Bobl) due April 16, 2031.

Total bids amounted to €6.276 billion, of which €3.854 billion were price bids and €2.422 billion non-competitive. The weighted average price was 99.35%, corresponding to an average yield of 2.64%.

The lowest accepted price was 99.34%, with bids at that level receiving an 80% allocation, while non-competitive bids were allotted 53%.

The federal government retained €1.176 billion from the planned €5 billion increase, bringing the total outstanding volume of the note to €36 billion from €31 billion previously.

The bid-to-cover ratio was 1.6.

The value date is June 18, 2026.