GERMAN AUCTION PREVIEW: On offer at the long-dated Bund auction next week
Jan-15 09:04
The DFA has announced that it will look to sell the following at its long-dated auction next Wednesday 21 January:
- E1bln of the 2.90% Aug-56 Bund (ISIN: DE000BU2D012)
- E1bln of the 2.60% May-41 Bund (ISIN: DE000BU2F009) - this line had previously been announced
The choice of the 2.90% Aug-56 Bund is interesting given that it was reopened this week, too. This Bund saw the strongest demand of the three on offer yesterday.
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