German Federal Government reopens 2.50% Federal Treasury notes of 2026 (2028) due 14 June 2028, Frankfurt am Main; €6 billion increase in issue.
Announcement of auction – Reopening of Federal Treasury notes
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 6 May 2026 Page 1 of 1
Announcement of auction Reopening of Federal Treasury notes
As already announced in the issuance calendar for the second quarter of 2026, the Federal Government will reopen the
2.50 % Federal Treasury notes of 2026 (2028)
due on 14 June 2028
issued on 21 April 2026 - ISIN DE000BU22130
by auction on 12 May 2026. An increase of € 6 billion is envisaged for the issue (auction allotment and retention quote). The current volume amounts to € 6 billion. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
Publication of invitation to bid:
Monday, 11 May 2026 Bidding period:
Tuesday, 12 May 2026,
from 8.00 a.m. until 11.30 a.m. Frankfurt time Inclusion in stock exchange trading:
Tuesday, 12 May 2026 Value date:
Thursday, 14 May 2026
Characteristics of the Federal Treasury notes:
Maturity:
14 June 2028 Interest has begun to accrue on: 23 April 2026 Interest payment:
annually on 14 June,
first interest payment on 14 June 2027 for 417 days