As already announced in the issuance calendar for the fourth quarter of 2007, the Federal Government will issue Treasury discount paper ("Bubills") with a maturity of 6 months for sale by auction on 12 November 2007. An issue volume (auction allotment and amount set aside for secondary market operations) of € 6 billion is envisaged. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
Date of invitation to bid: Friday, 9 November 2007
Bidding period: Monday, 12 November 2007, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Value date: Wednesday, 14 November 2007
Characteristics of the Bubills:
Maturity: 21 May 2008
ISIN: DE0001115103
SIN: 111 510
Time schedule of the auction procedure:
Date of invitation to bid: Friday, 9 November 2007
Bidding period: Monday, 12 November 2007, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Value date: Wednesday, 14 November 2007
Characteristics of the Bubills:
Maturity: 21 May 2008
ISIN: DE0001115103
SIN: 111 510
