Markets

Germany sells 2.5bn euros of bonds

Published November 28, 2012 Updated November 28, 2012 11:38am

 

The October 2017 Bobl sold at an average yield of 0.41 percent, compared with 0.42 at the previous sale on Nov. 7 and a 0.615 percent average for the year.

 

It drew bids worth 1.9 times the amount allotted to investors, compared with 1.5 at the previous auction of the bond and in line with an average of 1.96 percent at this year's five-year auctions.

 

Copyright Reuters, 2012