Government bond auction · Germany
Germany 5-Year Bobl/g Auction
The Germany 5-Year Bobl/g Auction is a sale of new government debt by Germany's treasury or debt agency to investors.
- الأهمية
- Low
- صدر
- Quarterly
- العملة
- EUR · euro
- البنك المركزي
- The European Central Bank (with the Bundesbank)
أحدث الأرقام
صدر آخر إصدار في 2026-10-20 وجاء عند 3.08%. هذا أعلى من 2.49% في المرة السابقة.
خلال آخر 5 إصدارات تراوح بين 1.86% و3.08%، بمتوسط 2.43%. ظل يرتفع لثلاثة إصدارات متتالية.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 20 Oct 2026 | – | 3.08% | – | 2.49% |
| 5 Aug 2026 | – | 2.71% | – | 2.49% |
| 7 Jul 2026 | – | 2.49% | – | 1.86% |
| 21 Oct 2025 | – | 1.86% | – | 2.02% |
| 17 Jun 2025 | – | 2.02% | – | 2.26% |
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-Year Bobl/g Auction?
The Germany 5-Year Bobl/g Auction is a sale of new government debt by Germany's treasury or debt agency to investors.
What was the latest Germany 5-Year Bobl/g Auction?
3.08%, published on 20 October 2026.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.