Germany Sells Largest Amount of 10-Year Bonds Since 2014
- Germany allots 4.14 billion euros of the benchmark bonds
- Sale was oversubscribed by less than twice the amount offered
This article is for subscribers only.
Germany is ramping up its debt issuance, raising the most out of a sale of its benchmark bond in about six years.
It sold 4.14 billion euros ($4.6 billion) of debt that mature in 10 years, even though demand for the securities declined, with the offering seeing an oversubscription of just under twice the amount offered. That’s the least since April.