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Bot auction: 6,5 billion placed, rates still negative

Despite yields below zero, demand remains strong: coverage ratio at 1,61 – Rates have risen from -0,074% at the last auction to -0,032%.

Bot auction: 6,5 billion placed, rates still negative

Slightly rising rates for i Annual BoTs, whose yields still remain in negative territory. The Treasury today placed the entire expected amount of 6,5 billion euros on the market, with the coverage ratio slightly down to 1,61 compared to 1,65 in the previous auction.

The bond was issued with an average gross yield of -0,032% against -0,074% at the last auction, which was held at the end of January.

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