Germania colloca 4,76 mld nuovo Schatz, Buba sottoscrive 40%

mercoledì 11 giugno 2008 11:26
 

 June 11 (Reuters) - German Finance Agency, the government's
debt management office, sold 4.760 billion euros ($7.38 billion)
in an auction of its new 4.75 percent, two-year Schatz notes at
the lowest price of 100.490, the Bundesbank said on Wednesday.
 The notes (ISIN:DE0001137222) fall due on June 11, 2010.
Details of April 16, 3.0 percent Schatz top-up auction included
for reference.
 
 AUCTION DATE                11/06/08            16/04/08
 AVG. YIELD                  4.48 pct            3.52 pct
 AVG. ACCEPTED PRICE         100.506             99.060 
 LOWEST ACCEPTED PRICE       100.490             99.030
 TAIL                          0.016              0.030
 TOTAL BIDS                  6.890 bln euro   6.730 bln euros
 ALLOTED                     4.760 bln euros  5.630 bln euros
RETAINED                    3.240 bln euros  1.370 bln euros
BID COVER RATIO             1.4              1.2
 TOTAL VOLUME OF ISSUE       8.0 bln euros     15.0 bln euros
  
 Details in German of the auction can be found at
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