The Treasury sold government bonds this morning for 8,25 billion euros between Btp and CCTeu, placing the entire amount offered at auction and paying rates at historic lows.
In detail, 3,5 billion euros have been assigned ten-year BTPs with a gross yield of 1,62%, down on the 1,89% of the previous auction. Robust demand, equal to 1,38 times the amount awarded.
Also placed 3 billion euros in five-year BTPs with a rate of 0,89%, down on the previous 0,98%. Demand increased slightly to a coverage ratio of 1,40.
Finally, the Treasury has placed 1,75 billion euros in CCTeu seven-years with a yield of 0,87%, down on the 0,96% of the previous auction. In this case, demand fell slightly, reaching a bid to cover of 1,43.
