German 10-Year Bund Auction

The event will be released in:
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Source: Bundesbank
Currency: Euro
Country: Germany
Previous value: 2.54%
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State regulators issue Treasury bonds for the purpose of borrowing money to cover the difference between the received tax revenues and the total cost of debt refunding. The bonds’ rate of return determines the amounts of revenues will be received by an investor after the bonded debt repayment. The bonds’ rate of return is a government debt indicator.

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