Another historic record for the Italian Treasury on the debt market. On Wednesday morning, the Ministry of Economy placed 0,172-month maturity bonds with a negative interest rate at -XNUMX%, the lowest level on record.
Demand amounted to 10,487 billion, with a coverage/supply ratio of 1,75. The simple weighted average rate resulting from the auction is 12 points lower than that of last month and compares with the previous minimum of -0,112% in November.
The weighted average allotment price of the securities, with a duration of 185 days and expiry on 31.10.2016, is equal to 100,088. The settlement falls on April 29.
