Even the yields of the Btp to 3 years they approach zero. This morning the Treasury auctioned securities on three maturities for a total of 6,75 billion, the maximum amount offered.
On the three-year bond rate dropped to 0,02%, 9 basis points less than the previous placement. Fractional increase for the 7-year BTP, which recorded a yield of 0,99%, from 0,97% in the previous auction. Finally, a rate of 2,03% for the 15-year BTP.
La question it was robust above all on the shorter maturities, with over 3,75 billion euro requested against 2 billion offered and assigned, for a coverage ratio of 1,88.
On the seven-year period, the coverage ratio stood at 1,37 on the longer term at 1,49.