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Auction Bot and Ctz, the Treasury fills up

Slightly rising interest rates but good demand for government bonds placed today by the Treasury: 6,75 billion six-monthly BOTs and 1,75 billion Ctz over two years.

Auction Bot and Ctz, the Treasury fills up

Il Tesoro it fills up the auction of XNUMX-monthly BOTs and XNUMX-yearly CTZs, even if the yields register a slight increase.

In detail, this morning they were sold Boots maturing on 31 December 2015 for 6,75 billion euro, the maximum amount offered, at a gross interest rate of 0,06%, up by six basis points compared to the previous placement of the same type. Demand reached 10,64 billion, for a coverage ratio of 1,58, down on the 1,94 of the end-May auction. 

How many a ctz maturing on 27 February 2017, securities worth €1,75 billion were sold, also in this case the maximum amount offered at the auction. The gross yield reached 0,204%, up 14 basis points from the last auction. Requests, on the other hand, reached 3,2 billion, for a bid to cover of 1,83. 

Immediately after the announcement of the result of the auction, the Milan Stock Exchange travels down by 0,36%, while the Btp-Bund spread stands at 128 basis points, substantially unchanged compared to yesterday's closing. 

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