The Treasury placed all the 3 billion euro of 10-year BTPs put up for auction. The average yield rose to 4,14% from 3,94% a month ago. The question is good: the amount requested has exceeded 4 billion euros.
On the secondary market, the yield on the Italian 4,19-year bond is higher, at XNUMX%, while the spread with the German Bunds it is back to just under 270 basis points at 266 points.
Also sold all 2,75 billion euro offered in five-year Btp. The interest rate rose to 3,01% from 2,84% in April's placement. Demand exceeded 3,8 billion euros.
Piazza Affari slightly increases the pace with the outcome of the Btp auction. L'Ftse Mib index grows by 0,4%, with positive bank stocks (Intesa +1,5%). Pirelli continues to do well (+3%) thanks to the positive report by Goldman Sachs, along the same lines as Stm. Some sales on Eni (-0,6%), Telecom flat on the day of the Board of Directors, Rcs remains strong (+2%) with the start of the decisive meeting for the start of the capital increase
