Auction Bot: declining demand but rates at an all-time low

12 March 2014, 10:26 | di FIRSTonline editorial team | 0

The Treasury placed 7 billion euro annual bonds this morning at a rate of 0,59%, a new all-time low.

Auction Bot: declining demand but rates at an all-time low

The Treasury placed 7 billion euro annual bonds this morning at a rate of 0,59%, a new all-time low. Demand is slightly down, equal to 1,5 times the offer compared to the ratio of 1,6 to 1 of the last auction. Meanwhile, the Btp Bund spread rose slightly to 179 basis points, while the stock market today lost 0,43% in the late morning.

FIRSTonline editorial team

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