As already announced in the issue calendar for the third quarter of 2007, the Federal Government will reopen the 4.25 % bonds of the Federal Republic of Germany of 2007 (2039)issued on 24 January 2007 - ISIN DE0001135325 // SIN 113 532 on 25 July 2007, using an auction procedure. An increase of € 4 billion is envisaged for the issue (auction allotment and amount set aside for secondary market operations). The current volume of the bond amounts to € 6 billion. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 24 July 2007
Bidding period: Wednesday, 25 July 2007, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Inclusion in stock exchange trading: Wednesday, 25 July 2007
Value date: Friday, 27 July 2007
Terms of the issue to be reopened:
Maturity: 4 July 2039
Interest payment: 4 July annually, interest has begun to accrue on 26 January 2007
First interest payment: 4 July 2008 for 525 days
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 24 July 2007
Bidding period: Wednesday, 25 July 2007, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Inclusion in stock exchange trading: Wednesday, 25 July 2007
Value date: Friday, 27 July 2007
Terms of the issue to be reopened:
Maturity: 4 July 2039
Interest payment: 4 July annually, interest has begun to accrue on 26 January 2007
First interest payment: 4 July 2008 for 525 days
