This morning the Treasury placed the entire 6 billion euros of BTP offered at auction. Securities with maturity a 5 years have been placed for four billion of euros, while i decennial for two billions.
I interest rates they rose from the all-time lows recorded in March, respectively from 0,55 to 0,63% e 1,34 to 1,4%.
The Ministry of Economy also sold Ccteu maturing June 2022 for €2,25 billion at a rate of 0,76%.
Immediately after the announcement of the result of the auction, the Milan Stock Exchange travels in positive territory of 0,2%, with Telecom Italia leading the increases on the Ftse Mib (+3,3%) in the wake of rumors about Vivendi's interest (significant shareholder of the Italian telephony group) for Mediaset.
As for the Btp-Bund spread, at the end of the morning the differential was slightly down to 119 basis points.
