Germany to top-up 2030 Linker by 1bn euros on Tuesday: Bundesbank

07 Sep, 2015

BERLIN: Germany will reopen its 2030 inflation-linked bond at an auction on Tuesday, when it plans to offer another 1 billion euros ($1.11 billion) of the benchmark issue, the Bundesbank said on Monday.

Germany has already issued 5 billion euros worth of the bond. Bidding for the top-up operation will run from 8.00 a.m. until 11.30 a.m. local time (0600-0930 GMT), the Bundesbank said in a statement.

Copyright Reuters, 2015

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