Germany sold 4,153-year government bonds on the market for a total of 1,52 billion euros – Compared to last month's auction, the average yield drops from 1,31% to 1,4% – The bid-to-cover rises from 1,5 to XNUMX.
Germany placed on the market 10-year government bonds for a total amount of 4,153 billion euro. This was announced in a press release from the Bundesbank, which reads that the average return offered was 1,31%, therefore, down compared to the 1,52% of the 10-year bond auction held last month.
Positive data on demand, which reached 6,39 billion against a maximum supply target of 5 billion and bid-to-cover equal to 1,5 times the quantity offered, while in the previous auction it was 1,4.
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