Deutsche Bundesbank multi-ISIN auction result in Frankfurt; Total issue volume to €36.5 bn

Press release: Auction result - 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.

Reopening of two Federal bonds

  • Auction result -

The result of the multi-ISIN auction of 12 August 2026 was as follows:

1 % Bund 2022 (2038) 1.80 % Bund 2022 (2053)

ISIN DE0001102598 ISIN DE0001102614

Maturity: 15.05.2038 Maturity: 15.08.2053

Bids € 1,780.00 mn € 1,407.00 mn

Competitive bids € 767.00 mn € 929.00 mn

Non-competitive bids € 1,013.00 mn € 478.00 mn

Allotment € 886.89 mn € 1,063.00 mn

Lowest accepted price

77.99 %

68.54 % Weighted average price

78.00 %

68.56 % Average yield

3.29 %

3.65 % Allotment

for bids at the lowest accepted price

100 %

100 % for non-competitive bids

53 %

100 % Cover ratio

2.0

1.3

Retention quote € 113.11 mn € 473.00 mn (Own account of the Federal Government) 1)

Increase € 1,000.00 mn € 1,500.00 mn

Previous issue volume € 32,250.00 mn € 35,000.00 mn

Total issue volume € 33,250.00 mn € 36,500.00 mn

  1. Placing by the German Finance Agency in the secondary market Press release

Frankfurt am Main 12 August 2026 Page 1 of 1