The Treasury fills up at the first regulated auctions for 2015. This morning, six-month Treasuries were placed for seven billion euro, the maximum amount offered. The average interest rate rose to 0,297% from 0,272% in the November auction. On the other hand, demand fell, with the coverage ratio down to 1,39 from 1,72.
All the 2016 Ctz offered were also sold today, amounting to 2,5 billion euros, with a yield down to 0,489% from 0,692% in October.
Immediately after the announcement of the results of the auctions, Piazza Affari travels in negative territory of 2,34% and the Btp-Bund spread is up to 144 basis points.
