VIENNA (Reuters) - Austria sold 1.1 billion euros ($1.35 billion) of sovereign debt on Tuesday, tapping solid demand to top up bonds at lower yields, the treasury agency said.
It sold 400 million euros of a 2062 bond at an average yield of 2.789 percent, down from 2.820 percent at its previous auction in January 2013. Competitive bids neared 1.13 billion euros. The offer was 2.8 times subscribed.
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