As already announced in the issuance calendar for the first quarter of 2008, the Federal Government will issue two-year Federal Treasury notes by auction on 12 March 2008. An issue volume (auction allotment and amount set aside for secondary market operations) of € 8 billion is being envisaged. Members of the Bund Issues Auction Group are entitled to bid.
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 11 March 2008
Bidding period: Wednesday, 12 March 2008, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Stock exchange listing: Wednesday, 12 March 2008
Value date: Friday, 14 March 2008
Characteristics of the Federal Treasury notes:
Maturity: 12 March 2010
Interest begins to accrue on: 12 March 2008
Interest payment: annually on 12 March first payment on 12 March 2009
ISIN / SIN: DE0001137214 // 113 721
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 11 March 2008
Bidding period: Wednesday, 12 March 2008, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Stock exchange listing: Wednesday, 12 March 2008
Value date: Friday, 14 March 2008
Characteristics of the Federal Treasury notes:
Maturity: 12 March 2010
Interest begins to accrue on: 12 March 2008
Interest payment: annually on 12 March first payment on 12 March 2009
ISIN / SIN: DE0001137214 // 113 721
