The German Finance Agency will offer 500 million euros ($560 million) in its 2026-dated inflation-linked Bund at an auction June 6, the Bundesbank said Thursday.
The linker on offer is an existing issue that will be reopened.
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Below are details of the auction:
Date of auction June 6, 2017
Issue 0.10% April 15, 2026 inflation-linked Bund
Amount on offer EUR500 mln
Settlement date June 8, 2017
The auction volume includes a tranche to be initially retained by the German Finance Agency for market-tending purposes.
The German Finance Agency manages the country's federal debt, while the Deutsche Bundesbank is responsible for conducting the debt auctions.
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(END) Dow Jones Newswires
June 01, 2017 04:24 ET (08:24 GMT)