Maturity of government bonds in Germany in 2015 2020 and 2023

Securities with a maturity date of ten years were the most important aspect of Germany's government debt in 2015, 2020 and 2023. 10-year federal bonds made up 45.1, 37.2 and 42.3 percent respectively of all outstanding government debt securities. The main difference between these years is the introduction of several new debt instruments, namely 7-year bonds, 15-year bonds, and 10-year green bonds.

For money market debt, the German government only offers one year treasury notes (called 'Bubils' in German), with six month treasury notes being discontinued from the third quarter of 2020. For term debt traded on the capital market, the German federal government issues a two-year treasury note called a 'Schatz' in German. This is then followed by five-year treasure notes called 'Bobl', then federal bonds with a maturity of between 10 and 30 years ('Bund' in German).