BERLIN (Reuters) - Germany's debt agency said on Wednesday a technically uncovered auction of 10-year German debt reflected a very volatile market environment but said there was no danger for budgetary funding.
Germany sold 3.19 billion euros of its benchmark bond earlier on Wednesday but attracted bids worth less than the amount on offer as the record low coupon deterred investors. The country, which usually retains 20 percent of debt for sale on secondary markets, retained 36 percent this time around.
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