Government bond auction · European Union
European Union 2038 Bond Auction
The European Union 2038 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
Derniers chiffres
La dernière publication est parue le 2025-08-25 et s’est établie à 3.489%. C’est plus que 3.380% la fois précédente.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 25 Aug 2025 | – | 3.489% | – | 3.380% |
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 soldCe 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 2038 Bond Auction?
The European Union 2038 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 2038 Bond Auction?
3.489%, published on 25 August 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.