Government bond auction · European Union
European Union 5-Year Bond Auction
The European Union 5-Year Bond Auction is a sale of new government debt by the European Union's treasury or debt agency to investors.
- Wichtigkeit
- Low
- Veröffentlicht
- About every six weeks
- Währung
- EUR · euro
- Zentralbank
- The European Central Bank
Neueste Zahlen
Die letzte Veröffentlichung erschien am 2025-04-28 und lag bei 2.330%. Das ist weniger als 2.805% beim letzten Mal.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 28 Apr 2025 | – | 2.330% | – | 2.805% |
| 24 Mar 2025 | – | 2.805% | – | 2.627% |
| 27 Jan 2025 | – | 2.627% | – | 2.710% |
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 5-Year Bond Auction?
The European Union 5-Year Bond 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 5-Year Bond Auction?
2.330%, published on 28 April 2025.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.