Germany auctioned 4.06 billion euros of government bonds, where bids were 1.3 times compared with 1.1% at the previous auction. The yield on the 10-year bonds retreated to 1.93% from 1.98% in November's auction.

The European common currency remained weak against the dollar after the sale to trade around 1.2985 compared with the day's opening at 1.3048.