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Germany: Bund auction, rates on the rise

The German Treasury has placed 6-month government bonds for more than 3 billion, with a drop in demand compared to the previous issue – yields, on the other hand, have risen.

Germany: Bund auction, rates on the rise

The German Treasury Agency has placed 3,01 billion in six-month government bonds with an average yield of 0,0761%, up compared to the negative yield of -0,0122% recorded in the placement of last January 9th.

Also to be registered slowdown in demand recording a bid-to-cover ratio of 1,51 versus 1,82 previously.

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