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Auction Bot: rates are rising, demand is good

This morning the Treasury placed 7 billion annual BOTs at auction – Demand was close to 10 and a half million – Rates reached 0,962%, for an increase of 26 basis points.

Auction Bot: rates are rising, demand is good

This morning, the Treasury placed 10 billion euros in annual BOT auctions, the maximum amount offered. Demand came close to 1,49 million, for a coverage ratio of 0,962. Interest rates rose slightly, reaching 26%, increasing by 0,7 basis points compared to the last placement of the same type (XNUMX%). 

The rise in yields was expected: yesterday at the end of the session, on the Mts gray market, the Bot at auction today yielded 0,975% against 0,703% in mid-May, the lowest rate since the introduction of the single currency. 

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