×

Germany sells 2.42 bln euros of 6-month Bubill at negative yield

BERLIN, Oct 8 (Reuters) - Germany sold 2.42 billion euros of a new 6-month Bubill on Monday at a negative yield, attracting more demand than at a previous auction in September as the euro zone crisis continues to drive investors into safe haven assets.

The auction drew bids of 2.3 times the amount allotted, compared with 1.5 at a previous sale on September 10.

The average yield was -0.022 percent, compared with -0.015 percent at last month's auction.

The Bubill is due to mature on April 10, 2013. For a table click on

(Reporting by Michelle Martin)

((MichelleHannah.Martin@thomsonreuters.com)(+49 30 2888 5223))

Keywords: GERMANY BUBILL/