Reverse auctions under the PSPP

DNB conducts reverse auctions for some of its outright purchases under the public sector purchase programme (PSPP).

Information about DNB’s auction process can be found here. Participation in the reverse auctions will be governed by these terms and conditions.

Publication of auction information  

During the PSPP reverse auctions will be taking place once every two weeks on Monday, unless stated differently on this website. The auction will start at 10.15 (Amsterdam local time). A list of the securities that can be offered in the upcoming reverse auction will be published every Thursday at 15.00 on our Bloomberg page [DNLB].

On the day of the auction at 11.30, the results will be published on the Bloomberg page. At the auction level, the aggregated offered and allocated amount is published. At the individual bond level the average, minimum and maximum accepted price is published

If you do not have access to Bloomberg but would like to get information regarding auction results, please contact us on +31 20 520 5055.

Adjusted auction scheme

Due to the upcoming public holidays the last reverse auction of 2017 will take place on 11 December. The first reverse auction of 2018 will be held on the 15th of January.

More information

In case of questions, please contact the Financial Markets Division via fm.dealingroom@dnb.nl or via phone +31 20 520 5055.