Due to a lower pre-financing estimate for 2024, the gross funding requirements for 2023 are revised downward by 2.0 billion euros to 49.07 billion euros.

The Debt Agency is reducing its planned 2023 OLO emissions by 2.90 billion euros, to 42.10 billion euros. The possibility of issuing up to 2.0 billion euros under the EMTN program is maintained for the time being. The planned issuance of medium and long-term government bonds, of which the Debt Agency has already issued 0.39 billion euros to date, is revised upwards to 0.90 billion euros

Future issues in 2023 concerning short-term instruments, in addition to the measures announced last Friday. This is the Treasury certificate expiring on November 7, 2024, will not be offered at the auctions of November 7 and December 12, 2023; the reopening of the 6-month Treasury certificates will not take place until the end of the year. Then, the treasury certificate auctions scheduled for October 10 and December 12, 2023, when the certificate is expected to reopen after 3 months, will be

Future issues in 2023 concerning long-term instruments. This is the expected total of long-term instrument issuances to be reduced from 47.25 billion euros to 45 billion euros. The OLO auction of 20 November 2023 will be cancelled. The Federal Debt Agency will maintain the last two ORI windows scheduled for 2023