FRANKFURT (MNI) – The German federal government is seeking bids on
a sale of new twelve-month bubills with an expected volume of E4
billion, the Bundesbank confirmed Friday.

Bids are due by 0900 GMT on Monday, May 17. The announcement of the
auction results will be made shortly thereafter.

The bubills will settle on Wednesday, May 19 and mature on May 18,
2011.

–Frankfurt Newsroom +49 69 72 01 42: email: fftmail@marketnews.com–

[TOPICS: M$G$$$,M$$FI$,MFXBO$,MGX$$$]