As already announced in the issuance calendar for the fourth quarter of 2007, the Federal Government will issue two-year Federal Treasury notes by auction on 12 December 2007. An issue volume (auction allotment and amount set aside for secondary market operations) of € 7 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 December 2007 Bidding period: Wednesday, 12 December 2007, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Stock exchange listing: Wednesday, 12 December 2007
Value date: Friday, 14 December 2007
Characteristics of the Federal Treasury notes:
Maturity: 11 December 2009
Interest begins to accrue on: 11 December 2007
Interest payment: annually on 11 December first payment on 11 December 2008
ISIN / SIN: DE0001137206 // 113 720
Time schedule of the auction procedure:
Date of invitation to bid: Tuesday, 11 December 2007 Bidding period: Wednesday, 12 December 2007, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Stock exchange listing: Wednesday, 12 December 2007
Value date: Friday, 14 December 2007
Characteristics of the Federal Treasury notes:
Maturity: 11 December 2009
Interest begins to accrue on: 11 December 2007
Interest payment: annually on 11 December first payment on 11 December 2008
ISIN / SIN: DE0001137206 // 113 720
