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German Bids Fall Short of 5 Billion-Euro Target at Bond Auction

Sept. 26 (Bloomberg) -- Germany got bids that fell short of its maximum sales target at an auction of 10-year bonds today, according to a statement from the Bundesbank.

The nation received bids for 3.95 billion euros at the sale, less than the 5 billion-euro goal. The auction drew an average yield of 1.52 percent.

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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