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Auction Bot: Treasury places 6 billion with negative yields

The MEF placed 6 billion 0,055-month BOTs this morning with an average negative yield of 2,12% – The coverage ratio was equal to 6 times today's offer – Also in April the Treasury placed XNUMX-month BOTs with rates below zero.

Auction Bot: Treasury places 6 billion with negative yields

Il Tesoro placed this morning 6 billion Bot at six months with a negative weighted average return. 

Thus, after yesterday's case with the placement of Ctz maturing in August 2017 at negative rates, even in today's auction the MEF can celebrate after having placed BOTs with a weighted average rate of -0,055%. The maximum return of the bots was -0,050%. The minimum return on the six-month Bot stood at -0,064%.

Demand was 2,12 times supply and, therefore, more than 12 billion euros. For the minimum rate of the 6-month BOT there had already been a negative rate (-0,011%) in April.

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