Deutsche Bundesbank announces Bubills reopening and new issue in Frankfurt; €6 billion total; allotment on 17 August 2026
Press release multi-ISIN: Announcement – Federal Treasury discount paper (Bubills)
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 11 August 2026 Page 1 of 2 Announcement Federal Treasury discount paper (Bubills)
According to the issuance schedule of the German Federal Government for the third quarter of 2026 the following Bubills will be reopened or newly issued by a multi-ISIN auction on 17 August 2026:
Reopening
Federal Treasury discount paper (Bubills)
February 2026 issue / maturity 12 months
ISIN DE000BU0E386
Current volume: € 8 billion
Due on 17 February 2027
Residual maturity: 6 months (182 interest days)
New issue
Federal Treasury discount paper (Bubills)
August 2026 issue / maturity 12 months
ISIN DE000BU0E444
Due on 18 August 2027 (364 interest days)
A total amount of € 6 billion is envisaged for the reopened and newly issued Bubill (including respective retention quote) with a planned share of € 3 billion for the Bubill February 2026 issue (ISIN DE000BU0E386) and € 3 billion for the Bubill August 2026 issue (ISIN DE000BU0E444). The effective increase or new issue amount of each Bubill will be determined by the allotment on 17 August 2026.
Frankfurt am Main 11 August 2026 Page 2 of 2
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. Members of the Bund Issues Auction Group are entitled to bid. Bids must be for a par value of not less than € 1 million or an integral multiple thereof. The yield bids must be expressed as full 0.001 percentage points. It is possible to submit non-competitive bids and several bids at different yields. No price bids will be considered. The bids accepted by the issuer will be allotted at the yield specified in the bid. Non-competitive bids are filled at the weighted average yield of the competitive bids accepted. The right to scale down bids is reserved.
Time schedule of the auction procedure:
Date of invitation to bid: Friday, 14 August 2026 Bidding period: Monday, 17 August 2026,
from 8.00 a.m. until 11.30 a.m. Frankfurt time Value date: Wednesday, 19 August 2026
In addition, the Auction rules, the Special terms and conditions of the Deutsche Bundesbank for auctions of Federal securities using the Bund Bidding System (BBS) and the Issue terms for Federal securities shall apply.