By Laura Contemori – ROME (Econostream) – Germany’s Federal Finance Agency (Finanzagentur) on Tuesday allotted €4.222 billion of a new 2.70% Federal Treasury note (Schatz), Bundesbank data showed.

The note, maturing September 13, 2028, attracted total bids of €4.778 billion, resulting in a bid-to-cover ratio of 1.1.

The weighted average price was 99.839, corresponding to an average yield of 2.77%.

The federal government retained €1.778 billion of the €6 billion issue for its own account.

Settlement was scheduled for July 16, 2026.