European Stability Mechanism (ESM) 3-month bills auction Frankfurt am Main, Germany; Highest accepted yield 2.427%, cover ratio 2.3

Press release: 3-months Bills of the European Stability Mechanism (ESM) – Auction result

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 4 August 2026 Page 1 of 1 3-months Bills of the European Stability Mechanism (ESM)

  • Auction result - The result of the auction of 4 August 2026 for the

3-months Bills of the ESM

Maturity: 5 November 2026 (91 interest days)

ISIN: EU000A4DMLY0

Common Code: 345911090

was as follows:

Bids € 3,633.00 mn

Competitive bids € 1,258.00 mn

Non-competitive bids € 2,375.00 mn

Allotment / Issue volume € 1,598.00 mn

  • Highest accepted yield 2.427 %

  • Weighted average yield 2.421 %

  • Average price 99.39175 %

  • Allotment

  • for bids at the highest accepted yield 100 %

  • for non-competitive bids 32 %

Cover ratio 2.3