The issuance volume is set to rise by 20% relative to this year's figure (€425 billion). The former record of €500 billion was established in 2023.
The German Finance Agency (DFA), responsible for overseeing the nation's public debt, intends to issue €318 billion in bonds on the capital market via auctions and obtain an additional €176 billion from the money market, as stated in its announcement. Furthermore, the plan includes the issuance of "green" bonds amounting to €16-19 billion.
On Thursday, the DFA revealed that it will release 20-year bonds for the first time.
The yield on ten-year German sovereign bonds is experiencing a small decrease on Thursday. It has increased by nearly 50 basis points since the start of this year.
German Chancellor Friedrich Merz, who assumed his role in May, is working to boost the nation’s economy, which has been stagnant since the COVID-19 pandemic. His administration has committed to investing €500 billion in domestic infrastructure initiatives within the upcoming decade.
source: dw.de
The German Finance Agency (DFA), responsible for overseeing the nation's public debt, intends to issue €318 billion in bonds on the capital market via auctions and obtain an additional €176 billion from the money market, as stated in its announcement. Furthermore, the plan includes the issuance of "green" bonds amounting to €16-19 billion.
On Thursday, the DFA revealed that it will release 20-year bonds for the first time.
The yield on ten-year German sovereign bonds is experiencing a small decrease on Thursday. It has increased by nearly 50 basis points since the start of this year.
German Chancellor Friedrich Merz, who assumed his role in May, is working to boost the nation’s economy, which has been stagnant since the COVID-19 pandemic. His administration has committed to investing €500 billion in domestic infrastructure initiatives within the upcoming decade.
source: dw.de
