Allianz Life Says Bunds Are Overvalued, Handelsblatt Reports

Allianz SE (ALV)’s German life insurance unit head Maximilian Zimmerer said the interest paid on German Bunds is too low, making them overvalued, in an interview with Handelsblatt.

French government bonds are attractive, the future CFO of Allianz SE said in the interview, though investors should wait until after the presidential elections, he said.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.