Placed five-year government bonds for 3,153 billion, requests reached 8,97 billion – Interest rates have dropped from 1,1% on 7 December last.
Boom in requests for the auction of German government bonds which took place this morning. Germany placed Five-year Bund for 3,153 billion, compared to one demand that reached 8,97 billion, more than double compared to the 4 billion of the maximum amount foreseen in the auction.
As for the returns, have even fallen below 1%: 0,9%, from 1,11% at the auction on 7 December last year. The bid to cover rose to 2,8 from 2,1.
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