Sold Eur 2.405 bln of benchmark 2.5% July 2044 Bunds, yield 2.41% (from 2.62%), cover 1.1 (from 2.1)
Improved yields but worse cover and not a full take up. Market ‘s not overly impressed with EUR/USD slipping back under 1.3210
German Debt Agency added the auction reflected volatile conditions and an uncertain market
