2013 ends without jolts for Italian government bonds. The Treasury placed this morning Bot a year for 5,5 billion euros, the maximum amount offered.
Il return it stood at 0,707%, slightly up on the 0,688% recorded in the analogous auction in November, which was also the all-time low for this maturity. Good the question, with a coverage ratio of 1,6.
Immediately after placement, Business Square continues to travel in slightly negative territory, weighed down above all by collapse of Mediolanum (-4,75). The BTP-Bund spread it is at 222 basis points, still at a two-and-a-half-year low.
