Placed four billion euros of the new 3-year BTP (expiring in November 2016), the entire pre-established amount: the average interest rate increased to 2,72% from 2,33% in the July auction, to highest since October 2012 – 1,5 billion BTPs were also placed in September 2028, with yields of 4,88%, the highest since March.
The Italian Treasury placed this morning four billion euros of the new 3-year BTP (expiring in November 2016), the entire pre-established amount. However, the average interest rate increased to 2,72% from 2,33% in the July auction, the highest since October 2012. Demand is growing, with a coverage ratio rising to 1,52 from 1,34 previous.
Also placed 1,5 billion Btp maturing in September 2028. In this case, yields reached 4,88%, the highest since March 2013.
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