QE-inspired scarcity worry boosts demand at 10-year Bund sale

LONDON, March 18 Wed Mar 18, 2015 6:47am EDT

LONDON, March 18 (Reuters) - Investors snapped up 3.3 billion euros of 10-year German bonds at a sale on Wednesday that fed relentless demand for top-rated debt in a market fretting about a scarcity of such bonds as ECB asset purchases gain pace.

The sale drew bids worth 2.4 times the amount offered, almost twice the demand seen at last month's auction of the bonds. The bonds were auctioned at a yield of 0.25 percent, half the interest rate offered by the bond and down from 0.37 percent at the previous sale.

Yields on 10-year German bonds fell in the secondary market after the sale, dropping to 0.25 percent, down 3.4 basis points on the day, from 0.26 percent beforehand. (Reporting by Emelia Sithole-Matarise, editing by Nigel Stephenson)

Anda sedang membaca artikel tentang

QE-inspired scarcity worry boosts demand at 10-year Bund sale

Dengan url

https://sarapannasiudak.blogspot.com/2015/03/qe-inspired-scarcity-worry-boosts.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

QE-inspired scarcity worry boosts demand at 10-year Bund sale

namun jangan lupa untuk meletakkan link

QE-inspired scarcity worry boosts demand at 10-year Bund sale

sebagai sumbernya