---
title: "German Federal Government reopens 2.70% Federal Treasury notes of 2026 (2028) due 13 September 2028 in Frankfurt am Main; €6 billion increase envisaged"
sdDatePublished: "2026-07-29T08:09:00Z"
source: "https://www.bundesbank.de/resource/blob/1004052/46fc3b27f94a46953390e4900a784409/472B63F073F071307366337C94F8C870/2026-07-29-ankuendigung-download.pdf"
topics:
  - name: "economy, business and finance"
    identifier: "medtop:04000000"
  - name: "economy"
    identifier: "medtop:20000344"
  - name: "financial service"
    identifier: "medtop:20001370"
locations:
  - "Frankfurt am Main"
---


German Federal Government reopens 2.70% Federal Treasury notes of 2026 (2028) due 13 September 2028 in Frankfurt am Main; €6 billion increase envisaged

Pres release: 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
29 July 2026
Page 1 of 1
Announcement of auction
Reopening of Federal Treasury notes
As already announced in the issuance calendar for the third quarter of 2026, the Federal Government
will reopen the
2.70 % Federal Treasury notes of 2026 (2028)
due on 13 September 2028
issued on 14 July 2026 - ISIN DE000BU22148
by auction on 4 August 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, 3 August 2026
Bidding period:

Tuesday, 4 August 2026,

from 8.00 a.m. until 11.30 a.m. Frankfurt time
Inclusion in stock
exchange trading:

Tuesday, 4 August 2026
Value date:

Thursday, 6 August 2026
Characteristics of the Federal Treasury notes:
Maturity:

13 September 2028
Interest has begun to accrue on:
16 July 2026
Interest payment:

annually on 13 September,

first interest payment on 13 September 2027 for 424 days