German Sold 4,1 Bln Euros of 10-year bonds

The German government on Wednesday sold 4.1 billion euros ($5.3 billion) of 10-year bonds, or bunds, in a closely-watched auction.

The Bundesbank, which conducts auctions on behalf of Germany's public debt agency, received bids totaling 5.14 billion euros, with the yield falling to 1.93% from a level of 1.98% in a November auction. Bids exceeded supply 1.3 times.

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