Government bond auction · Germany
Germany 5-Month Bubill Auction
The Germany 5-Month Bubill Auction is a sale of new government debt by Germany's treasury or debt agency to investors.
- الأهمية
- Low
- صدر
- Monthly
- الإصدار التالي
- العملة
- EUR · euro
- البنك المركزي
- The European Central Bank (with the Bundesbank)
أحدث الأرقام
صدر آخر إصدار في 2026-10-19 وجاء عند 2.699%. هذا أقل من 2.701% في المرة السابقة.
خلال آخر 9 إصدارات تراوح بين 1.983% و2.701%، بمتوسط 2.350%.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 19 Oct 2026 | – | 2.699% | – | 2.701% |
| 21 Sep 2026 | – | 2.701% | – | 2.492% |
| 24 Aug 2026 | – | 2.492% | – | 2.406% |
| 20 Jul 2026 | – | 2.406% | – | 2.366% |
| 8 Jun 2026 | – | 2.366% | – | 2.247% |
| 18 May 2026 | – | 2.247% | – | 2.143% |
| 20 Apr 2026 | – | 2.143% | – | 2.115% |
| 9 Mar 2026 | – | 2.115% | – | – |
| 19 Jan 2026 | – | 1.983% | – | – |
لماذا يهم
Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.
طريقة الحساب
Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.
Bid-to-cover = amount bid ÷ amount soldما تعنيه التغيرات
- Bid-to-cover above its recent average and no tail: solid demand.
- Index-linked and green bonds are smaller auctions with their own investor base.
لمحة تاريخية قصيرة
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
الأسئلة
What is the Germany 5-Month Bubill Auction?
The Germany 5-Month Bubill Auction is a sale of new government debt by Germany's treasury or debt agency to investors.
What was the latest Germany 5-Month Bubill Auction?
2.699%, published on 19 October 2026.
When is the next Germany 5-Month Bubill Auction?
On Monday 9 November 2026.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.