Oct 16 (Reuters) - The German Finance Agency, the federal government's debt
management office, sold 3.029 billion euros in a top up of its 0.00 percent,
2-year Schatz notes at the lowest price of 101.075, the Bundesbank said on
Tuesday.
The notes (ISIN:DE0001104735) are due to mature on Sept 11, 2020. The settlement
date is Oct 18. Results of Sept 18 sale included for reference:
AUCTION DATE 16/10/18 18/09/18
AVG. YIELD -0.56 pct -0.54 pct
AVG. ACCEPTED PRICE 101.077 101.066
LOWEST ACCEPTED PRICE 101.075 101.065
TAIL 0.002 0.001
TOTAL BIDS 7.234 bln euros 7.515 bln euros
ALLOTTED 3.029 bln euros 3.102 bln euros
RETAINED 0.971 bln euros 0.898 bln euros
BID COVER RATIO 2.4 2.4
TOTAL VOLUME 12.0 bln euros 8.0 bln euros
Auction details in German can be found at .
