Germany EUR

Germany 5-Year Bobl Auction

影响:
低的

Latest Release:

实际的:
2.06%
预报:
Previous/Revision:
2.44%
Period: 4月 2025

Next Release:

预报:
Period: 5月 2025
它衡量了什么?
德国5年期Bobl拍卖衡量的是对德国5年期政府债券(Bobl)的需求,评估投资者的兴趣以及对德国中期财政前景的经济信心。这个国家指标包括诸如投标倍数、收益率和售出的债券数量等关键指标,提供关于债券市场动态和更广泛的经济情绪的洞察。
频率
该事件每月发生,拍卖通常安排在每个月的第一或第二周进行。
为什么交易者会关心?
交易者关注德国5年期Bobl拍卖,因为其结果直接影响债券定价和收益率曲线,影响固定收益市场和德国政府的借贷成本。高于预期的需求对于欧元和债券价格来说是利好的,而需求疲软可能是利空的,影响货币价值并表明投资者信心的变化。
它从何而来?
拍卖结果来自于银行和投资基金等机构提交的竞争性投标。像投标倍数这样的指标通过标准化的拍卖过程计算,比较收到的投标数量与提供的债券数量,而收益率则反映了投资者的风险评估。
描述
德国5年期Bobl拍卖提供了债券需求的初步和最终报告,初步结果提供了快速的市场情绪反馈,但可能会被随后的修订。初步结果至关重要,因为它们提供了对市场情绪和政府信誉的即时反馈,而最终数据则巩固了这些发现。由于这一事件每月发生一次,因此它基于逐月的基础报告,提供对短期需求变化的洞察,并能快速响应不断变化的经济状况,而无需等待季度或年度数据。
附加说明
该拍卖作为一个领先的经济指标,给予未来利率趋势和投资者对德国财政稳定信心的早期信号。拍卖的结果通常与中央银行政策预期和更广泛的欧洲经济状况相关联。
对货币和股票的利多或利空
高于预期:利好欧元,利好股票。低于预期:利空欧元,利空股票。鹰派基调:预示更高的利率,通常对欧元有利,但由于借贷成本增加,对股票不利。

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the ‘Actual’ value differs enough from the forecast or if the ‘Previous’ value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the ‘Actual’ deviates from the forecast or there’s a notable revision to the ‘Previous’ value.

Medium Potential Impact
This event is unlikely to affect market pricing unless there’s an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency.

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
2.06%
2.44%
2.44%
2.15%
2.15%
2.17%
2.17%
2.42%
2.42%
2.04%
2.04%
2.13%
2.13%
1.9%
1.9%
2.17%
2.17%
2.09%
2.09%
2.39%
2.39%
2.45%
2.45%
2.56%
2.56%
2.41%
2.41%
2.4%
2.4%
2.3%
2.3%
2.12%
2.12%
2.56%
2.56%
2.71%
2.71%
2.76%
2.76%
2.56%
2.56%
2.5%
2.5%
2.71%
2.71%
2.41%
2.41%
2.27%
2.27%
2.26%
2.26%
2.43%
2.43%
2.59%
2.59%
2.22%
2.22%
1.99%
1.99%
2.11%
2.11%
2.08%
2.08%
0.71%
0.71%
0.96%
0.96%
1.41%
1.41%
0.79%
0.79%
0.73%
0.73%
0.64%
0.64%
0.21%
0.21%
0.04%
0.04%
-0.29%
-0.29%
-0.58%
-0.58%
-0.5%
-0.5%
-0.54%
-0.54%
-0.69%
-0.69%
-0.76%
-0.76%
-0.59%
-0.59%
-0.57%
-0.57%
-0.61%
-0.61%
-0.66%
-0.66%
-0.62%
-0.62%
-0.69%
-0.69%
-0.7%
-0.7%
-0.72%
-0.72%
-0.85%
-0.85%
-0.73%
-0.73%
-0.69%
-0.69%
-0.72%
-0.72%
-0.66%
-0.66%
-0.62%
-0.62%
-0.74%
-0.74%
-0.66%
-0.66%
-0.69%
-0.69%
-0.59%
-0.59%
-0.6%
-0.6%
-0.58%
-0.58%
-0.77%
-0.77%
-0.88%
-0.88%
-0.79%
-0.79%
-0.66%
-0.66%
-0.56%
-0.56%
-0.46%
-0.46%
-0.41%
-0.41%
-0.32%
-0.32%
-0.36%
-0.36%
-0.29%
-0.29%
-0.22%
-0.22%
-0.18%
-0.18%
-0.04%
-0.04%
-0.18%
-0.18%
-0.18%
-0.18%
-0.19%
-0.19%
-0.04%
-0.04%
-0.1%
-0.1%
0.05%
0.05%
0.08%
0.08%
-0.39%
-0.39%
-0.26%
-0.26%
-0.36%
-0.36%
-0.26%
-0.26%
-0.14%
-0.14%
-0.46%
-0.46%
-0.31%
-0.31%
-0.45%
-0.45%
-0.45%
-0.45%
-0.28%
-0.28%
-0.47%
-0.47%
-0.46%
-0.46%
-0.51%
-0.51%
-0.51%
-0.51%
-0.51%
-0.51%
-0.38%
-0.38%
-0.33%
-0.33%
-0.34%
-0.34%
-0.36%
-0.36%
-0.24%
-0.24%
-0.08%
-0.08%
-0.03%
-0.03%
0.12%
0.12%
0.04%
0.04%
0.17%