Germania colloca nuovo bund 2020 per 5 mld, bid-to-cover 1,6

mercoledì 18 agosto 2010 11:09
 

  Aug 18 (Reuters) - German Finance Agency, the federal
government's debt management office, sold 5.0097 billion euros
of  its new 2.25 percent, 10-year Bund at the lowest price of
98.97,  the Bundesbank said on Wednesday.      
 The notes (ISIN:DE0001135416) are due to mature on Sept 4,
2020. The settlement date is Aug 20. Results of July 7 sale
included for reference:    
AUCTION DATE                18/08/10           07/07/10   
AVG. YIELD                  2.37 pct           2.56 pct   
AVG. ACCEPTED PRICE         98.97              103.81   
LOWEST ACCEPTED PRICE       98.97              103.78   
TAIL                        0.00               0.03   
TOTAL BIDS                  7.856 bln euros    5.523 bln euros 
ALLOTTED                    5.0097 bln euros   4.018 bln euros 
RETAINED                    0.9903 bln euros   0.982 bln euros 
BID COVER RATIO             1.6                1.4   
TOTAL VOLUME                6.0 bln euros      22.0 bln euros  
Auction details in German can be found at <ESZB/BBK02>.