FRANKFURT (MNI) – The German federal government will auction E4
billion in new 12-month bubills on May 17, the Bundesbank confirmed
Friday.
The formal tender offer will be made on Friday, May 14. Bids are
due by 0900 GMT on Monday, May 17, with results of the allocation to be
announced shortly thereafter.
The bubills will settle on Wednesday, May 19, 2010 and mature on
May 18, 2011.
–Frankfurt Newsroom +49 69-720142: email: fftmail@marketnews.com–
[TOPICS: M$G$$$,M$$FI$,MGX$$$]