Deutsche Bundesbank reopens 2.50% Federal Republic of Germany bond (2025–2032) Frankfurt; €3.5 billion increase envisaged.
Press release announcement of auction reopening Federal bond
Deutsche Bundesbank, Communications Department Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated. Press release
Frankfurt am Main 30 April 2026 Page 1 of 1 Announcement of auction Reopening 7-year Federal bond
As already announced in the issuance calendar for the second quarter of 2026, the Federal Government will reopen once again the
2.50 % bond of the Federal Republic of Germany of 2025 (2032)
issued on 27 August 2025 - ISIN DE000BU27014
on 6 May 2026, using an auction procedure. An increase of € 3.5 billion is envisaged for the issue (auction allotment and retention quote). The current volume of the bond amounts to € 19 billion. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 5 May 2026 Bidding period:
Wednesday, 6 May 2026,
from 8.00 a.m. until 11.30 a.m. Frankfurt time Inclusion in stock exchange trading:
Wednesday, 6 May 2026 Value date:
Friday, 8 May 2026
Terms of the issue to be reopened:
Maturity:
15 November 2032 Interest payment:
15 November annually,
interest has begun to accrue on 29 August 2025 First interest payment: 15 November 2026 for 443 days