As already announced in the issuance calendar for the first quarter of 2008, the Federal Government will reopen once again the 4 % bonds of the Federal Republic of Germany of 2007 (2018) issued on 14 November 2007 - ISIN DE0001135341 // SIN 113 534 on 13 February 2008, using an auction procedure. An increase of € 6 billion is envisaged for the issue(auction allotment and amount set aside for secondary market operations). The current volume of the bond amounts to € 14 billion. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
- Date of invitation to bid: Tuesday, 12 February 2008
- Bidding period: Wednesday, 13 February 2008, from 8.00 a. m. until 11.00 a. m. Frankfurt time
- Inclusion in stock exchange trading: Wednesday, 13 February 2008
- Value date: Friday, 15 February 2008
Terms of the issue to be reopened:
- Maturity: 4 January 2018
- Interest payment: 4 January annually, interest has begun to accrue on 16 November 2007
- First interest payment: 4 January 2009 for 415 days
Time schedule of the auction procedure:
- Date of invitation to bid: Tuesday, 12 February 2008
- Bidding period: Wednesday, 13 February 2008, from 8.00 a. m. until 11.00 a. m. Frankfurt time
- Inclusion in stock exchange trading: Wednesday, 13 February 2008
- Value date: Friday, 15 February 2008
Terms of the issue to be reopened:
- Maturity: 4 January 2018
- Interest payment: 4 January annually, interest has begun to accrue on 16 November 2007
- First interest payment: 4 January 2009 for 415 days
