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By Emese Bartha

DOW JONES–On Wednesday, the federal government increased a bond due in November 2032 through the auction process. 3.197 billion euros were allocated. A further 803 million euros were withheld for market management purposes. The issue volume was therefore 4 billion euros as planned.

Below are the details of the auction (the results of the previous auction on September 24th in brackets):

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Issue: 2.50 percent federal bond

Duration November 15, 2032

Offer volume: EUR 4 billion

Bidding volume: EUR 4.819 billion

Allocation amount: EUR 3.197 billion

For market management purposes

retained: EUR 803 million

Bid-to-cover ratio 1.5 (1.5)

average return. 2.6% (2.52%)

Value date: February 6, 2026

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Contact: [email protected]

DJG/cln/brb

(END) Dow Jones Newswires

February 04, 2026 06:04 ET (11:04 GMT)

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