BLBG:German Bids Fall Short of 5 Billion-Euro Target at Bond Auction
Germany got bids that fell short of its maximum sales target at an auction of 10-year bonds today, according to a statement from the Bundesbank.
The nation received bids for 3.95 billion euros at the sale, less than the 5 billion-euro goal. The auction drew an average yield of 1.52 percent.
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net
