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, AUCTION / Last German inflation protection bond 2020 placed | message, Forex-News, Forex-News
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AUCTION / Last German inflation protection bond 2020 placed | message

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, AUCTION / Last German inflation protection bond 2020 placed | message, Forex-News, Forex-News


, AUCTION / Last German inflation protection bond 2020 placed | message, Forex-News, Forex-News

From Emese Bartha

FRANKFURT (Dow Jones) – The German finance agency placed inflation protection bonds for the last time in 2020 by auctioning off securities worth 500 million euros. According to the agency, the annual issue volume in this segment amounts to 5.5 billion euros. With an oversubscription of 1.7, the demand for the papers at the top-up auction was solid, and titles with a volume of 380 million euros were allocated.

Below is an overview of the details of the auction; the results of the previous auction on October 6th in brackets:

===

Issue of 0.50 percent inflation-linked bonds

with a term of April 15, 2030

Volume EUR 500 million

Bid volume EUR 643 million

Allotment amount EUR 380 million

Subscription rate 1.7 (1.5)

Average trend. -1.35% (-1.25%)

===

Contact the author: maerkte.de@dowjones.com

DJG / DJN / gos / flf

(END) Dow Jones Newswires

November 03, 2020 7:11 AM ET (12:11 GMT)



, AUCTION / Last German inflation protection bond 2020 placed | message, Forex-News, Forex-News

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, AUCTION / Last German inflation protection bond 2020 placed | message, Forex-News, Forex-News

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