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Markets

Bund futures fall on EFSF bond buy guidelines

Published Updated

bundsLONDON: German Bund futures fell on Thursday after the release of a document outlining how the euro zone's rescue fund can buy government bonds on the secondary market.

The European Financial Stability Facility (EFSF) would be able to buy bonds in the secondary market on request from a euro zone country, Reuters reported, quoting the guideline document.

Bund futures fell to a session low of 134.62, down 47 ticks on the day after the headlines.

Copyright Reuters, 2011

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