The ministry of Tesoro placed the entire planned amount of 5,5 billion euros BTP five-year and decennial. On both maturities rates recorded a decline.
In detail, the Treasury has allocated 2,5 billion Btp to 5 years, with the yield down to 0,40% from 0,49%. Demand contracted slightly: the coverage ratio was 1,46 against 1,50 in the previous auction.
The 3 billion Btp to 10 years, however, show rates down to 1,42% from 1,51% and a coverage ratio up to 1,36 from 1,33 in the previous auction. Also assigned CCteu at 7 years for a total of 2 billion at a rate of 0,53%.
