By Laura Contemori – ROME (Econostream) – Germany’s Federal Finance Agency (Finanzagentur) on Monday allotted €4.926 billion of two Treasury discount papers (Bubills), Bundesbank data showed.

The agency allotted €2.772 billion in a reopening of the Bubill maturing January 13, 2027. Total bids amounted to €3.622 billion. The average price was 98.78345, the bid-to-cover ratio was 1.3 and the weighted average yield was 2.436%.

The reopening increased the outstanding volume of the issue to €11 billion from €8 billion. The federal government retained €228 million for its own account.

Finanzagentur also allotted €2.154 billion of a new Bubill due July 14, 2027, from total bids of €4.229 billion. The average price was 97.4711, the bid-to-cover ratio was 2.0 and the weighted average yield was 2.566%.

Of the €3 billion issue volume, the federal government retained €846 million for its own account.

Settlement for both lines was scheduled for July 15, 2026.