Press release

Frankfurt am Main 13 January 2021 Page 1 of 1

Five-year Federal notes - Auction result -

The result of the auction of 13 January 2021 for the

0 % five-year Federal notes series 183 of 2021 (2026)

due on 10 April 2026 ISIN DE0001141836

was as follows:

Bids

5,247.00 mn

Competitive bids

2,385.00

mn

Non-competitive bids

2,862.00

mn

Allotment

4,065.80 mn

- Lowest accepted price

103.71

%

- Weighted average price

103.72

%

- Average yield

-0.70

%

- Allotment

- for bids at the lowest accepted price

100

%

- for non-competitive bids

90

%

Cover ratio

1.3

Retention quote

934.20 mn

(Own account of the Federal Government) 1)

Issue volume series 183

5,000.00 mn

1) Placing by the German Finance Agency in the secondary market

Deutsche Bundesbank, Communications Department

Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: +49 (0)69 9566 3511 or 3512, Fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de

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Deutsche Bundesbank published this content on 13 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2021 11:39:04 UTC