Federal bonds – Announcement ISIN: DE000BU27014 | Auction-ID: X20260045

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Basic information

Auction-ID: X20260045
Issue/Reopening: Reopening
Publication Type: Announcement

Auction information

Quotation: Price
Bidding Period from: 06.05.2026 08:00 CET
Bidding Period until: 06.05.2026 11:30 CET
Date of Invitation to Bid: 05.05.2026
Value Date: 08.05.2026

Securities information

Securities Designation: 2.50 % Federal bond issue of 2025 (2032)
Product Class: Reopening federal bonds
Maturity Date: 15.11.2032
Coupon Period: ann.
Interest begins to accrue on: 29.08.2025
Coupon Date: 15.11.
First Coupon Date: 15.11.2026
Current Issue Volume: 19,000 mn EUR
Envisaged Increase Volume (incl. Retention Quote): 3,500 mn EUR
Total Issue Volume: 22,500 mn EUR

Group of participants

Members of the Bund Issues Auction Group are entitled to bid.