Germany's six-month borrowing costs declined at an auction on Monday in the first debt sale by a euro area nation after the region's governments agreed on a bailout for Spain's banking sector.
The country raised EUR 3.53 billion from the sale of its Treasury discount paper, or Bubills, due December 5, the Bundesbank said. The target set for the sale was EUR 4 billion. The auction attracted bids totaling EUR 4.397 billion. The lowest accepted price was 99.99300 percent.
The yield on the 6-month debt fell to 0.0070 percent from 0.0371 percent in the previous sale on May 14. The bid-to-cover ratio that indicates demand also dropped to 1.2 from 1.5.
Demand for the German debt remains strong as investor seek safe havens amid the lingering concerns over the debt crisis in the Eurozone.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.