Deutsche Bundesbank reopens two Federal bonds via multi-ISIN auction on 12 August 2026 in Frankfurt; €2.5B increase envisaged
Press release invitation to bid multi-ISIN auction Federal bonds
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 Invitation to bid Reopening of two Federal bonds
As already announced the German Federal Government will reopen the following Federal bonds through a multi-ISIN auction on 12 August 2026:
1 % bond of the Federal Republic of Germany of 2022 (2038)
ISIN DE0001102598
Maturity: 15 May 2038
Current volume : € 32.25 billion
1.80 % bond of the Federal Republic of Germany of 2022 (2053)
ISIN DE0001102614
Maturity: 15 August 2053
Current volume : € 35 billion
An increase of € 2,5 billion in total is envisaged for the reopening of both bonds (including respective retention quote) with a planned share of € 1 billion for the 1 % bond of the Federal Republic of Germany of 2022 (2038), ISIN DE0001102598, and € 1.5 billion for the 1.80 % bond of the Federal Republic of Germany of 2022 (2053), ISIN DE0001102614. The effective increase of each bond will be determined by the allotment on 12 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 price bids must be expressed in terms of full 0.01 percentage points. Non-competitive bids are possible. The bids accepted by the issuer will be allotted at the price specified in the bid. Non-competitive bids are filled at the weighted average price of the competitive bids accepted. The right to scale down bids is reserved.
Time schedule of the auction procedure:
Bidding period: Wednesday, 12 August 2026,
from 8.00 a.m. until 11.30 a.m. Frankfurt time Including in stock exchange trading: Wednesday, 12 August 2026 Value date: Friday, 14 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 issuance terms and conditions of the initial issuance shall apply.