Government bond auction · Germany
Germany 9-Month Bubill Auction
The Germany 9-Month Bubill Auction is a sale of new government debt by Germany's treasury or debt agency to investors.
- Важность
- Low
- Опубликовано
- Monthly
- Следующая публикация
- Валюта
- EUR · euro
- Центральный банк
- The European Central Bank (with the Bundesbank)
Последние данные
Последняя публикация вышла 2026-11-02; значение: 2.908%. Это выше, чем 2.872% в прошлый раз.
За последние 12 публикаций значение колебалось от 1.899% до 2.908%, в среднем 2.312%. Показатель рос три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 2 Nov 2026 | – | 2.908% | – | 2.872% |
| 7 Sep 2026 | – | 2.724% | – | 2.562% |
| 10 Aug 2026 | – | 2.562% | – | 2.409% |
| 6 Jul 2026 | – | 2.409% | – | 2.426% |
| 1 Jun 2026 | – | 2.426% | – | 2.488% |
| 4 May 2026 | – | 2.488% | – | 2.481% |
| 30 Mar 2026 | – | 2.481% | – | 1.987% |
| 2 Feb 2026 | – | 1.987% | – | 2.005% |
| 5 Jan 2026 | – | 2.005% | – | 1.983% |
| 10 Nov 2025 | – | 1.9430% | – | 1.8989% |
| 20 Oct 2025 | – | 1.8989% | – | 1.9539% |
| 25 Aug 2025 | – | 1.9131% | – | 1.8059% |
Почему это важно
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.
Как считается
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 soldЧто означают изменения
- 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.
Краткая история
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
Вопросы
What is the Germany 9-Month Bubill Auction?
The Germany 9-Month Bubill Auction is a sale of new government debt by Germany's treasury or debt agency to investors.
What was the latest Germany 9-Month Bubill Auction?
2.908%, published on 2 November 2026.
When is the next Germany 9-Month Bubill Auction?
On Monday 23 November 2026.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.