Germany reduces debt auction plan for 2012

Note: This section contains information in English only.
Source: Bloomberg
German Chancellor Merkel's government reduced the amount of bills and bonds it plans to sell in 2012. Federal government plan to auction EUR 256.9 billion of debt instead of earlier set target at EUR 260.4 billion. Finance Ministry cut sales of notes with a maturity more than one year and added bonds with a shorter maturity of maximum 12 months. 

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