Reopening of the 30-year DSL 2054 raises € 5.00 billion

Today, 16 April 2024, the DSTA reopened a 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 € 14.72 billion in bids have been received in the order book. An amount of € 4,999,859,000 was allocated at an uniform cut-off spread of +18.0 basis points over the reference bond, the DBR 2.50% 15 August 2054. Of this amount 77.04% is allocated to ‘real money’ accounts and 22.96% to ‘other’ accounts.

The issuance price was set at € 83.92, which corresponds to an issuance yield of 2.804%.

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