Bloomberg News

Germany Gets Bids for 9 Billion Euros of Notes, Exceeding Target

July 04, 2012

Germany got bids for more than 9 billion euros of the five-year notes it sold today, exceeding its 4 billion-euro maximum sales target, according to a Bundesbank statement.

The nation allotted 3.29 billion euros of the securities at an average yield of 0.52 percent, up from 0.41 percent the last time the nation sold the debt on June 6.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

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


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