Opaque result for the first 2014 auction of Italian government bonds. This morning the Treasury placed Bot a year for 8,5 billion euros, the maximum amount offered, but the average interest rate it rose to 0,735% from 0,707% in the December auction.
In the November placement, the annual Bot rate had fallen to an all-time low of 0,688%.
Declining the question, with the coverage ratio down to 1,45 from the previous 1,63.
Immediately after the announcement of the result of the auction, the spread it is slightly above the threshold of 200 basis points, while the MY BAG travels in positive territory of 0,48%.
