By Laura Contemori – ROME (Econostream) – Germany’s Finance Agency (Finanzagentur) on Wednesday allotted €3.902 billion of a new 3% government bond (Bund) due August 15, 2036. 

The bond was allotted from total bids of €4.022 billion. The weighted average accepted price was 99.2, corresponding to an average yield of 3.09%, while the lowest accepted price was 99.18. 

The bid-to-cover ratio was 1. Of the total €6 billion issue volume, the federal government retained €2.098 billion for its own account. 

Settlement was scheduled for July 10, 2026.