Germany raised nearly the target amount at the sale of its two-year Federal Treasury notes on Wednesday.
The country sold EUR 4.282 billion of the new 0.25 percent March 2014 notes against a target of EUR 5 billion, Bundesbank said. The sale attracted bids totaling EUR 7.818 billion.
The yield on the 2-year debt rose slightly to 0.25 percent from 0.17 percent paid in an auction on January 18. The bid-to-cover ratio, which indicates investor demand, fell to 1.8 from 2.2.
It was the first German debt auction after Eurozone leaders agreed a deal for a second bailout for Greece yesterday.
by RTT Staff Writer
0.25% 
0.25%
1.00% 
1.00%
0.50% 
4.25%
0.10% 
3.00%