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Wednesday, August 22, 2012

ECB doubts ensure Germany sells interest-free bonds | Reuters

Germany is in a recessionary death spiral ...
ECB doubts ensure Germany sells interest-free bonds
| Reuters


Germany paid no premium to sell the bonds, although in the last two auctions investors effectively paid Berlin to park their cash in the two-year paper.
By contrast, Spain paid a yield of 3.07 percent on Tuesday to borrow via 12-month Treasury bills.

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