The Treasury has placed 5 and 10-year BTPs for 5,74 billion, choosing to place on the market less than the maximum offered, equal to 6,25 billion. On the five-year the average yield rose to 5,66% (+0,80% compared to April) and on the 10-year Btp the rate rose to 6,03% (+0,37%). in the meantime the spread soars up to almost 470 points, With yields on ten-year BTPs returned to the psychological threshold of 6%.
Tension remains high throughout Europe, above all due to the serious difficulties of the banking sector in Spain. L'euro it drops to 1,2443 dollars. At the Milan Stock Exchange the Ftse-Mib accentuates the declines coming to lose a point at the end of the morning. Paris (-1,3%), Frankfurt (-1,06%) and London (-1,4%) are also bad. Madrid, in the queue, leaves more than one and a half points on the field.
As for the Bankia affair, the Spanish Executive has denied that the European Central Bank has received a rejection of the bailout plan hypothesized for the institute: "The government has not presented any plan to the ECB and the ECB has not rejected anything," said a Madrid spokesman.
