Issues planned by the Federal Government in the second quarter of 2021

Compared to the annual forecast published in December 2020, the federal government’s issuance plan for the second quarter is adjusted as follows as additional € 2.5 billion will be raised on the capital market in total.

For the reopening of the 30-year Federal bond maturing in August 2048 on 14 April 2021, the issuance volume will be increased by € 0.5 billion to € 1.5 billion.

For the reopening of the Federal note series 183 on 2 June 2021, the issuance volume will be increased by € 1 billion to € 4 billion.

For the reopening of the 7-year Federal bond maturing in November 2028 on 8 June 2021, the issuance volume will be increased by € 1 billion to € 4 billion.

Due to the uncertain pandemic development and related challenges to the budget planning, additional adjustments to the issuance schedule can become necessary in the third and fourth quarter of 2021, which will be announced in the quarterly update/confirmation by press release if applicable.

As a general rule applicable to all Federal securities, amounts and issue dates stated in the annual preview may change, depending on the financing requirements and liquidity situation of the federal government, and/or subject to conditions on the capital markets. However, the federal government is adhering to its announced plan as far as possible in order to provide investors with reliable guidance.

The update/confirmation of the issuance schedule for the third quarter will be published in June 2021.