Germany to Cut 2013 Bond Sales Closer to Pre-Crisis Level

Germany will cut its sovereign bond sales next year to the lowest in five years as it strives to push down borrowing to pre-crisis levels as well as test new debt instruments including a joint federal-state bond. Chancellor Angela Merkel’s government will sell 250 billion euros ($331 billion) in…

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Germany to Cut 2013 Bond Sales Closer to Pre-Crisis Level