EUROBOBL

The EUROBOBL is a medium term debt instrument issued by the Federal Republic of Germany. The word BOBL is an acronym for Bundesobligationen, translated into English as “Federal obligations”. This contract has a term of maturity of 4.5-5.5 years and has a notional contract value of 100,000 Euros.

Part of Eurex, one of the world’s leading derivative exchanges alongside NYSE Euronext Liffe and Chicago Mercantile Exchange, the EUROBOBL is one of the most heavily traded fixed-income securities in the world.