Government bond auction · Germany

Germany 10-Year Bund/g Auction

The Germany 10-Year Bund/g Auction is a sale of new government debt by Germany's treasury or debt agency to investors.

Importance
Low
Publié
Monthly
Devise
EUR · euro
Banque centrale
The European Central Bank (with the Bundesbank)
Influence
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Derniers chiffres

La dernière publication est parue le 2026-09-08 et s’est établie à 3.19%. C’est plus que 3.01% la fois précédente.

Sur les 12 dernières publications, la valeur est allée de 2.13% à 3.19%, avec une moyenne de 2.67%. Elle a augmenté trois publications d’affilée.

May 2025: 2.13%Jun 2025: 2.37%Jul 2025: 2.39%Sep 2025: 2.25%Oct 2025: 2.52%Feb 2026: 2.79%Mar 2026: 2.53%Apr 2026: 2.93%May 2026: 3.0%Jun 2026: 2.98%Aug 2026: 3.01%Sep 2026: 3.19% May 2025Sep 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
8 Sep 2026–3.19%–3.01%
5 Aug 2026–3.01%–2.98%
9 Jun 2026–2.98%–3.0%
5 May 2026–3.0%–2.93%
7 Apr 2026–2.93%–2.53%
4 Mar 2026–2.53%–2.79%
3 Feb 2026–2.79%–2.52%
21 Oct 2025–2.52%–2.39%
9 Sep 2025–2.25%–2.39%
22 Jul 2025–2.39%–2.37%
17 Jun 2025–2.37%–2.13%
20 May 2025–2.13%–2.62%

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.

Questions

What is the Germany 10-Year Bund/g Auction?

The Germany 10-Year Bund/g Auction is a sale of new government debt by Germany's treasury or debt agency to investors.

What was the latest Germany 10-Year Bund/g Auction?

3.19%, published on 8 September 2026.

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.