6-months Bills of the European Stability Mechanism (ESM) - Auction result

Press release Frankfurt am Main 17 June 2025 Page 1 of 1 6-months Bills of the European Stability Mechanism (ESM) - Auction result -The result of the auction of 17 June 2025 for the 6-months Bills of the ESM Maturity: 18 December 2025 (182 interest days) ISIN: EU000A4DMLA0 Common Code: 309795628 was as follows: Bids € 2,544.00 mn Competitive bids € 739.00 mn Non-competitive bids € 1,805.00 mn Allotment / Issue volume € 1,097.45 mn - Highest accepted yield 1.9580 % - Weighted average yield 1.9465 % - Average price 99.02553 % - Allotment - for bids at the highest accepted yield 100 % - for non-competitive bids 29 % Cover ratio 2.3 Deutsche Bundesbank, Communications Department Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated.