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Zero interest

May 24, 2012

Investors snapped up German bonds even though they won't receive any interest on their investment.

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Image: picture-alliance/dpa

Germany has successfully issued bonds at virtually zero interest - the offer was oversubscribed.

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Germany issues billions of euros of bonds at zero interest # Anleih 22c # 23.05.2012 21 Uhr # Journal Englisch

Germany issues billions of euros of bonds at zero interest # Anleih 22c # 23.05.2012 21 Uhr # Journal Englisch

And the contrasting fortunes of eurozone countries has once again been highlighted on financial markets. While some are seeing their borrowing costs soar, Germany's are hitting record lows. Today Germany issued billions of euros of bonds at virtually zero interest. And despite the measly rate -- the offer was oversubscribed.
May 23, 201200:50 min