Germany Sells 1.98 Billion Euros of 1-Year Bills; Yield -0.0246%
By Anchalee Worrachate -
2012-08-27T09:37:59Z
Germany sold 1.975 billion euros of one-year bills at an average yield of minus 0.0246 percent, The Bundesbank said today in a statement.
The yield compares with an average rate of minus 0.054 percent at a sale of similar-maturity debt on July 23. Germany got bids for 3.86 billion euros of the bills, versus a maximum sales target of 3 billion euros, the Bundesbank said.
To contact the reporter on this story: Anchalee Worrachate in London at aworrachate@bloomberg.net
To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net
More News:
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.