Germany's two-year note fetched positive yield for the first time since June at an auction on Wednesday.
The country raised EUR 4.084 billion from the sale of its federal notes due September 2014, Bundesbank said. The auction drew bids totaling EUR 8.446 billion against a target of EUR 5 billion.
The yield on the two-year debt known as Schatz rose to 0.06 percent from zero percent seen in the previous sale on August 22. The bid-to-cover ratio that shows investor demand rose to 2.1 from 1.5.
by RTT Staff Writer
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