Germany Sells 4 Billion Euros in August 2056 Bund Syndicated Tap -

Germany sold €4 billion in a syndicated tap of its 2.90% August 2056 Bund on Tuesday, according to a lead manager bank. The issue size excludes state retention. Demand exceeded €38 billion, including €3.35 billion from joint lead managers. The spread was set at 0.4 basis points above the mid-yield of the 2.50% August 2054 Bund. Lead managers included Barclays, BNP Paribas, Citi, Deutsche Bank, J.P. Morgan, and NatWest.

By Emese Bartha

Germany sold 4 billion euros ($4.63 billion) in the syndicated tap of the 2.90% August 2056 Bund on Tuesday, one of the lead manager banks said.

The issue size doesn't contain any retention by the state.

Books for the transaction closed in excess of 38 billion euros, including 3.35 billion euros of joint lead manager interest, the same bank said.

The spread on the tap was set 0.4 basis points above the midyield of the 2.50% August 2054 Bund.

Lead managers of the transaction were Barclays, BNP Paribas, Citi, Deutsche Bank, J.P. Morgan and NatWest.

Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

August 18, 2026 05:48 ET (09:48 GMT)