Germany Got Bids for More Than Maximum Target at Five-Year Sale
February 08, 2012, 10:45 PM ESTBy Paul Dobson
Feb. 8 (Bloomberg) -- 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
