Government bond auction · European Union

European Union 15-Year Bond Auction

The European Union 15-Year Bond Auction is a sale of new government debt by the European Union's treasury or debt agency to investors.

Importance
Low
Devise
EUR · euro
Banque centrale
The European Central Bank
Influence
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Derniers chiffres

La dernière publication est parue le 2025-02-24 et s’est établie à 3.284%. C’est plus que 3.268% la fois précédente.

PubliéPourRéelConsensusPrécédent
24 Feb 2025–3.284%–3.268%

Voir dans le calendrier économique →

Pourquoi c’est important

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.

Mode de calcul

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

Ce que signifient les variations

  • 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.

Un bref historique

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.

Questions

What is the European Union 15-Year Bond Auction?

The European Union 15-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 15-Year Bond Auction?

3.284%, published on 24 February 2025.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.