Germany sells 3.9 bln euros of 6-mth Bubill at negative yield

BERLIN Mon Jan 9, 2012 5:48am EST

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BERLIN Jan 9 (Reuters) - Germany sold 3.9 billion euros of six-month Bubills on Monday at a yield of -0.0122 percent, the first auction with a negative yield.

Bundesbank data showed the auction drew bids for 1.8 times the amount on offer, compared with 3.8 times at the previous auction in December.

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