Bankinter | Germany’s Treasury issues 3.753 billion euros of 10-year bonds with a yield of 0.69% (compared with 0.61% at the last auction).
It is significant that the allocated amount is within the low range initially forecast of 4 billion euros, so we estimate about 19% of buy demand has been fulfilled at a price over the issue.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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