17/06/2024 12:44 (UTC)

Germany places over 2,8 million euros in 12-month bonds at average yield of 3.1%

Berlin, Jun 17 (EFE) - Germany placed 2,897.75 million euros in 12-month bonds at an average yield of 3.193%, a figure lower than the 3.371% reached in a similar auction held last May.

According to the Bundesbank, Germany's central bank, investors offered 7,350 million euros in this auction, of which 2,897.75 million were placed, so the demand was 2.5 times higher than the offer.

CAMERA: JOSÉ MANZANEQUE

FOOTAGE OF THE GERMAN DEBT CLOCK IN BERLIN, BANK BRANCHES AND THE CITY.

Metadata

Date: 17/06/2024 12:41 (UTC)
Credit: EFE
Source: EFE
Topic: Economy, business and finance
Type: Rough cut
Duration: 181 seconds
Reference: 7001373918
Relevance: Normal