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Good auction. Germany........>

GERMAN AUCTION RESULTS
GERMAN AUCTION RESULTS: Good auction. Germany allotted E1.273bln of the 30-year
off-the-run 2.5% Jul-44 on Wednesday compared to E1.5bln on sale. 
- Average yield of 1.33%
- Bid-to-cover ratio of 1.5 times according to Buba calcs (1.7x is the 30Y six
auction avg). 
- The average price was 125.92 compared to a secondary market level of 125.766.

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