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)
يحرّك
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

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.

Jun 2025: 2.02%Oct 2025: 1.86%Jul 2026: 2.49%Aug 2026: 2.71%Oct 2026: 3.08% Jun 2025Oct 2026
النتائج الفعلية؛ والخط القصير على العمود يحدد الإجماع.
صدرالمدةالفعليالتوقعاتالسابق
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%

اعرضه في المفكرة الاقتصادية ←

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 sold

ما 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.