The result of the auction of 14 January 2008 for the Treasury discount paper of the Federal Republic of Germany (Unverzinsliche Schatzanweisungen - "Bubills") January 2008 issue due on 16 July 2008 ISIN DE0001115129 // SIN 111 512 was as follows:
Bids € 12,345.00 mn
Competitive bids € 11,265.00 mn
Non-competitive bids € 1,080.00 mn
Allotment € 3,120.00 mn
- Highest accepted yield 3.9555 %
- Weighted average yield 3.9511 %
- Average price 98.04162 %
- Allotment
- for bids at the highest accepted yield 100 %
- for non-competitive bids 100 %
Cover ratio 4.0
Amount set aside for secondary market operations
€ 2,880.00 mn
Issue volume € 6,000.00 mn
Bids € 12,345.00 mn
Competitive bids € 11,265.00 mn
Non-competitive bids € 1,080.00 mn
Allotment € 3,120.00 mn
- Highest accepted yield 3.9555 %
- Weighted average yield 3.9511 %
- Average price 98.04162 %
- Allotment
- for bids at the highest accepted yield 100 %
- for non-competitive bids 100 %
Cover ratio 4.0
Amount set aside for secondary market operations
€ 2,880.00 mn
Issue volume € 6,000.00 mn
