Bund

A bund is a debt security issued by Germany’s federal government to finance outgoing expenditures. Bunds are auctioned only with original maturities of 10 and 30 years, with the majority of them falling into the latter group. Bunds are widely viewed as the German equivalent of U.S. Treasury bonds—Read more at Investopedia. Chen, James. “Bund.” 11 November 2019.