New 30-year DSL 2054 raises € 4.954 billion

Today, 27 September 2022, the DSTA launched a new 30-year DSL via a Dutch Direct Auction (DDA). The bond has an annual coupon of 2.00% and will mature on 15 January 2054.

In total more than € 16.69 billion bids have been received in the order book. An amount of € 4,953,754,000 was allocated at an uniform cut-off spread of +35.5 basis points over the reference bond, the DBR 0,00 % 15 August 2052. Of the total amount 72.9% is allocated to ‘real money’ accounts and 27.1% to ‘other’ accounts.

The issuance price was set at € 92.79, which corresponds to an issuance yield of 2.327%.

Please refer to the one-pager-30-year DDA for more details about the allocation.