Germany 30-Year Bund Auction

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German Finance Agency conventional 30-year Federal bond (Bund) auction — average yield

Economic EventsLow volatility

Full explanation

The Germany 30-Year Bund Auction is the sale of conventional long-dated German Federal bonds (Bunds) with around 30 years to maturity, run by the Bundesbank for the German Finance Agency. Auctions are often reopenings of an existing Bund. The calendar figure is the auction average yield, in percent. It is distinct from the 30-Year Green Bund (Bund/g) auction.

Why traders watch it

Shows demand for long-dated euro-area benchmark debt and long-term rate expectations.

Stronger vs weaker outcomes

A higher average yield than the previous auction means investors demanded more for long-dated German debt; a lower one means stronger pricing.

Typical volatility

Low. Different auctions can be different bonds. Green Bund results are a separate event and should not be compared directly.

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