Bundesobligation (Bobl) - Financial definition
Financial acronyms
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Concise definition of the term Bundesobligation
Medium-term notes issued by the German government.
Comprehensive definition of the term Bundesobligation
Bundesobligationen are issued with a maturity of 5 years and an issue volume of 5 billion euros.
Auctions of Bobls take place in February, April and October following an annual auction calendar which is fixed and published in advance.