For the first time in history, Germany issued 12-month bonds with a negative interest rate. The German Treasury placed 2,703 billion government bonds at a negative rate of 0,0540% from +0,0191% on June 25 with demand exceeding supply by 2,3 times (2,8 last month) . In short, investors are willing to receive less than they have invested in order to take refuge in German debt.
Germany auctions 12-month negative yielding debt for the first time in history
For the first time in history, the Berlin Treasury placed one-year government bonds with a negative yield – The rate stood at -0,0540% from +0,0191% on June 25th – Amount allocated for 2,703 billion and question of 2,3 times.
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