BERLIN, Sept 24 (Reuters) - German Finance Agency, the government's debt management office, allotted 5.6225 billion euros of its new 4 percent, 5-year Bobl notes at the lowest price of 100.03, the Bundesbank said on Wednesday.
The notes (ISIN:DE0001141539) are due to mature in October 2013. Results of the previous 3.5 percent Bobl auction are included for reference.
AUCTION DATE 24/09/08 18/06/08
AVG. YIELD 3.99 pct 4.69 pct
AVG. ACCEPTED PRICE 100.05 94.95
LOWEST ACCEPTED PRICE 100.03 94.93
TAIL 0.02 0.02
TOTAL BIDS 6.775 bln euro 5.320 bln euro
ALLOTED 5.6225 bln euro 4.0435 bln euro
RETAINED 1.3775 bln euro 0.9565 bln euro
BID COVER RATIO 1.2 1.3
TOTAL VOLUME OF ISSUE 7.0 bln euro 17.0 bln euro
Details in German of the auction can be found at <ESZB/BBK03>