The Treasury placed this morning Boots with expiration at a year for 6,5 billion euros, the entire amount offered, at a interest rate of 0,335%, slightly up on the 0,301% recorded in the similar auction in mid-October. This is the highest return since last July. Instead, the good question, with a coverage ratio of 1,78.
Immediately after the communication of the result of the placement, the BTP-Bund spread stabilizes. The yield differential between Italian and German ten-year government bonds travels in the area of 150 basis points, in line with yesterday's closing and with a ten-year BTP yield of 2,32%.
In the same minutes Business Square is down by more than one percentage point, weighed down by the shares of some companies which in the last few hours have published their quarterly accounts (in particular Enel, bpm e Banco Popolare).
Tomorrow the Treasury will put it up for auction Btp at 3, 7 and 15 years for a maximum amount of 6 billion.
