12-month bot auction: yield at historic low

New record for bots at 12 months who register a new minimum in yields. This morning the Treasury placed securities for a value of 8 billion euros at the weighted average rate of 0,243%. This is the absolute all-time low in auctions for this type of security since the introduction of the euro. In the December auction, the 12-month bots were placed with a yield of 0,42%.
It should also be noted that demand exceeded supply by 1,57 times and that tomorrow will be the turn of the auctions for 3, 7 and 15-year BTPs. Specifically, the Treasury will place three-year BTPs between 2,5 and 3 billion, seven-year BTPs between 2 and 2,5 billion and fifteen-year BTPs between 1 and 1,5 billion.