Thursday, April 26, 2007

Germany Plans to Raise Sales of Inflation-Linked, Foreign-Currency Bonds

(Bloomberg) -- Germany will probably sell inflation- linked bonds with maturities other than 10 years and issue more debt denominated in foreign currencies, the head of the finance agency that manages the sales told journalists in Frankfurt.

As well as bonds with coupons linked to euro-area inflation, sold by Germany for the first time last year, the government may sell debt in foreign currencies to add to its premier sale of a U.S. dollar bond in 2006, Finance Agency Managing Director Gerhard Schleif said. The federal government is expanding its debt instruments in a bid to win new customers, Schleif said.


Read more at Bloomberg Bonds News

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