---
title: "Deutsche Bundesbank multi-ISIN auction result in Frankfurt; Total issue volume to €36.5 bn"
sdDatePublished: "2026-08-12T10:12:00Z"
source: "https://www.bundesbank.de/resource/blob/1005574/a1d9624fe76d15a5f9e832402a7b59bb/472B63F073F071307366337C94F8C870/2026-08-12-tenderergebnis-download.pdf"
topics:
  - name: "financial and business service"
    identifier: "medtop:20000271"
  - name: "financial service"
    identifier: "medtop:20001370"
  - name: "government budget"
    identifier: "medtop:20000607"
locations:
  - "Frankfurt am Main"
  - "Germany"
---


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
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