Five-year federal notes – Announcement ISIN: DE000BU25075 | Auction-ID: X20260077

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Basic information

Auction-ID: X20260077
Issue/Reopening: Reopening
Publication Type: Announcement

Auction information

Quotation: Price
Bidding Period from: 11.08.2026 08:00 CET
Bidding Period until: 11.08.2026 11:30 CET
Date of Invitation to Bid: 10.08.2026
Value Date: 13.08.2026

Securities information

Securities Designation: 2.90 % Five-year Federal notes series 194 of 2026 (2031)
Product Class: Reopening five-year federal notes
Maturity Date: 08.10.2031
Coupon Period: ann.
Interest begins to accrue on: 23.07.2026
Coupon Date: 08.10.
First Coupon Date: 08.10.2027
Current Issue Volume: 6,000 mn EUR
Envisaged Increase Volume (incl. Retention Quote): 6,000 mn EUR
Total Issue Volume: 12,000 mn EUR

Group of participants

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