Good demand and declining yields for BTp and CcTeu auctioned by the Treasury.
In detail, the Treasury issued the seventh tranche of the 5-year BTP expiring on 01/04/2022 for 3 billion against a request of 4,161 billion. The yield fell 15 cents to 0,88%. The ninth tranche of the 10-year BTP maturing on 01/06/2027 was also placed: against requests for 4,085 billion, the amount issued was 2,75 billion while the yield, down 14 cents on last month's auction, stood at 2,15%.
Finally, the third tranche of the CcTeu, allocated for 1,75 billion against a total demand of 2,471 billion, achieved a gross yield of 0,92%, (-1 cent on the previous auction). The auction regulation falls on June 1st
