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Germany Got Bids for More Than 4 Billion-Euro Target at Five-Year Auction

Germany got bids for 5.87 billion euros ($7.78 billion) of five-year notes at an auction today, exceeding the maximum sales target of 4 billion euros, the Bundesbank said in a statement.

The 0.75 percent notes maturing in February 2017 were sold at an average yield of 0.91 percent.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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