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German 2-Year Notes Stay Little Changed After Sale; Yield 0.07%

Sept. 19 (Bloomberg) -- German two-year notes stayed little changed after the nation sold the securities at a positive yield for the first time since June 20.

The two-year rate was little changed at 0.07 percent as of 10:35 a.m. London time.

Germany sold 4.08 billion euros of notes due September 2014 at an average yield of 0.06 percent up from zero at a previous sale on Aug. 22. The nation got bids for 8.446 billion euros of securities, compared with a maximum target of 5 billion euros.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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