Government bond auction · European Union
European Union 12-Month Bill Auction
The European Union 12-Month Bill Auction is a sale of new government debt by the European Union's treasury or debt agency to investors.
- Wichtigkeit
- Low
- Veröffentlicht
- Every two weeks
- Nächste Veröffentlichung
- Währung
- EUR · euro
- Zentralbank
- The European Central Bank
Neueste Zahlen
Die letzte Veröffentlichung erschien am 2026-11-04 und lag bei 3.162%. Das ist weniger als 3.228% beim letzten Mal.
In den letzten 12 Veröffentlichungen lag der Wert zwischen 2.557% und 3.228%, im Schnitt 2.833%.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 4 Nov 2026 | – | 3.162% | – | 3.228% |
| 21 Oct 2026 | – | 3.228% | – | 3.109% |
| 7 Oct 2026 | – | 3.109% | – | 3.127% |
| 16 Sep 2026 | – | 3.127% | – | 2.918% |
| 2 Sep 2026 | – | 2.918% | – | 2.704% |
| 5 Aug 2026 | – | 2.704% | – | 2.724% |
| 15 Jul 2026 | – | 2.724% | – | 2.557% |
| 1 Jul 2026 | – | 2.557% | – | 2.585% |
| 17 Jun 2026 | – | 2.585% | – | 2.654% |
| 3 Jun 2026 | – | 2.654% | – | 2.645% |
| 20 May 2026 | – | 2.645% | – | 2.578% |
| 6 May 2026 | – | 2.578% | – | 2.494% |
Warum es wichtig ist
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.
So wird gerechnet
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 soldWas Veränderungen bedeuten
- 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.
Eine kurze Geschichte
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
Releases for the whole EU include countries outside the euro.
Fragen
What is the European Union 12-Month Bill Auction?
The European Union 12-Month Bill Auction is a sale of new government debt by the European Union's treasury or debt agency to investors.
What was the latest European Union 12-Month Bill Auction?
3.162%, published on 4 November 2026.
When is the next European Union 12-Month Bill Auction?
On Wednesday 18 November 2026 at 11:10 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.