Federal government ends program for inflation-indexed bonds

The federal government has decided to withdraw from the market for inflation-indexed bonds.

From 2024 onwards, no further inflation-indexed federal securities will be issued or securities already outstanding will be increased, as the Federal Finance Agency announced on Wednesday evening. The currently outstanding inflation-indexed federal securities will continue to be tradable on the market. The remaining program includes four securities with a current total volume of 66.25 billion euros and remaining terms of between around 2.5 and 22.5 years.

FRANKFURT (Dow Jones)

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