The Treasury placed this morning BTP for 7 billion euros overall with new record lows in returns. In particular, three-year BTPs were placed for 3 billion at a rate of 0,61%, down on the 0,78% of the previous auction, seven-year BTPs for 2 billion with a yield of 1,29 % (against 1,74% in the previous auction) and one and a half billion 15-year BTPs with a rate of 2,46%. In the previous auction of 15-year BTPs, the yield was 2,97%.
Demand exceeded supply by 1,64 times for three-year BTPs, 1,51 times the supply of seven-year bonds and 1,53 times the supply of bonds maturing in 2030.
