Germany EUR

Germany 30-Year Bund Auction

Impact:
Low

Latest Release:

Date:
Actual:
2.99%
Forecast:
Previous/Revision:
3.12%
Period:

Next Release:

Date:
Period:
What Does It Measure?
The Germany 30-Year Bund Auction measures the demand for long-term government debt securities issued by the Federal Republic of Germany, specifically focusing on bonds with a maturity of 30 years. It assesses key areas such as investor interest, bond yields, and the fiscal health of Germany, effectively serving as a national indicator reflecting the government's borrowing costs and market confidence.
Frequency
This auction occurs regularly, typically every three months, with results released shortly after the auction concludes, providing both preliminary and final figures for evaluation.
Why Do Traders Care?
Traders pay close attention to the results of the Germany 30-Year Bund Auction because it impacts the yields on German government bonds, which in turn affect the broader Eurozone interest rates, currency valuation (especially the EUR), and investment strategies across various asset classes. Higher demand and lower yields are considered bullish signals for equities and the Euro, while weaker outcomes can have a negative impact on market sentiment and asset valuations.
What Is It Derived From?
The auction results are derived from competitive bidding where institutional and retail investors submit their bids for the bonds being issued. The winning bids determine the yield at which the bonds are sold, with the auction format typically involving both fixed and variable coupon rates based on existing market conditions.
Description
The Germany 30-Year Bund Auction is a critical component of German fiscal policy and market operations, wherein the government issues bonds to raise funds for public spending while allowing investors a stable long-term investment. The auction results are closely monitored, as they also reflect broader economic conditions, interest rate expectations, and investor confidence in the government’s creditworthiness.
Additional Notes
This auction is considered a coincident indicator of economic conditions and serves as a benchmark for other long-term interest rates in the Eurozone. Comparisons to other auctions, like those for shorter maturities, can indicate changing investor sentiment or risk appetite in the bond market.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bullish for Stocks. Lower than expected: Bearish for EUR, Bearish for Stocks. A dovish tone: Signaling lower interest rates or economic support is usually bad for the EUR but good for Stocks due to cheaper borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
2.99%
3.12%
3.12%
2.83%
2.83%
3.04%
3.04%
2.65%
2.65%
2.84%
2.84%
2.55%
2.55%
2.49%
2.49%
2.44%
2.44%
2.45%
2.45%
2.59%
2.59%
2.54%
2.54%
2.62%
2.62%
2.62%
2.62%
2.52%
2.52%
2.42%
2.53%
2.45%
2.45%
2.76%
2.76%
3.04%
2.89%
2.79%
2.79%
2.68%
2.68%
2.4%
2.4%
2.36%
2.36%
2.66%
2.53%
2.33%
2.33%
2.32%
2.32%
2.26%
2.26%
2.1%
2.05%
1.94%
1.94%
1.79%
1.79%
1.1%
1.1%
1.41%
1.41%
1.16%
1.16%
0.95%
0.95%
0.39%
0.39%
0.28%
0.28%
0.08%
0.08%
0.35%
0.35%
-0.04%
-0.04%
0.03%
0.03%
0.31%
0.31%
0.22%
0.22%
0.21%
0.21%
0.1%
0.1%
-0.13%
-0.13%
-0.06%
-0.06%
-0.16%
-0.16%
-0.07%
-0.07%
-0.05%
-0.05%
-0.06%
-0.06%
-0.13%
-0.13%
-0.09%
-0.09%
0.01%
0.01%
0.07%
0.07%
0.31%
0.31%
0.14%
0.14%
0.07%
0.07%
0.05%
0.05%
-0.11%
-0.11%
0.3%
0.3%
0.26%
0.26%
0.53%
0.53%
0.68%
0.68%
0.74%
0.74%
0.72%
0.72%
0.85%
0.85%
1.04%
1.04%
1.04%
1.04%
1.1%
1.1%
0.94%
0.94%
1.02%
1.02%
1.06%
1.06%
1.26%
1.26%
1.12%
1.12%
1.27%
1.27%
1.33%
1.33%
1.28%
1.28%
1.2%
1.2%
1.22%
1.22%
1.27%
1.27%
1.29%
1.29%
1.02%
1.02%
1.24%
1.24%
0.87%
0.87%
1.18%
1.18%
1.04%
1.04%
1.2%
1.2%
0.64%
0.64%
0.62%
0.62%
0.45%
0.45%
0.65%
0.65%
0.88%
0.88%
1.03%
1.03%
0.94%
0.94%
0.77%
0.77%
1.18%
1.18%
1.49%
1.49%
1.18%