The Treasury fills up on BTPs at auction. Securities worth six billion were sold this morning, split equally between five and ten-year terms, with very favorable yields.
The 5-year bond revised the rates of last spring, reaching 2,89% from 3,38% at the last auction. For the ten-year term, the decline was a little less conspicuous, but still large: from 4,5% to 4,11%.
The coverage ratio was equal to 1,65 for five-year and 1,53 for decennalis. The minimum amount offered today in the auction was 5 billion in total.
