FRANKFURT (dpa-AFX) - German government bond prices rose in cash trading on Monday. Consequently, the average secondary market yield (Umlaufrendite) fell to 2.95 percent from 2.99 percent on Friday, according to data from the Deutsche Bundesbank in Frankfurt.
Among federal securities, one issue declined, shedding 0.21 percentage points. In contrast, 76 issues gained, with advances of up to 0.51 points. The Bundesbank recorded net bond sales totaling 1.5 million euros.
The Rex bond index rose by 0.12 percent to 123.49 points. This index is calculated by Deutsche Börse based on the cash prices of selected bonds./jkr/nas
