FRANKFURT (MarketWatch)
The German government on Wednesday sold 4.1 billion euros ($5.3 billion) of 10-year bonds, or bunds, in a closely-watched auction, according to news reports.
The Bundesbank, which conducts auctions on behalf of Germany's public debt agency, received bids totaling 5.14 billion euros, reports said, 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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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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