Interpreting the 3-Month Bubill Auction

Interpreting the 3-Month Bubill Auction

What is a Bubill? Bubills, short for Bundesobligationen Bills, are short-term, zero-coupon debt instruments issued by the German government with maturities of up to one year. The 3-month Bubill, with its 90-day maturity, is one of the shortest-term German government...