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Ctz auction, rates at new historic low (1,031%)

Demand is sharply increasing, with bid to cover rising from 1,48 to 1,78 – Btpei maturing in 2018 for €1,25 billion with an average yield of 1,39% and a coverage ratio of 1,88 were also assigned today ,XNUMX.

Ctz auction, rates at new historic low (1,031%)

The Italian Treasury placed this morning Ctz biennial for 2,5 billion euros, the entire amount offered. The interest rate stood at 1,031%, down from the 1,346% recorded in the end-December auction. This is the lowest yield since the introduction of the euro. Demand increased markedly, with bid to cover rising from 1,48 to 1,78.

Awarded today too Btpei with maturity 2018 for 1,25 billion (the forecast range was 0,75-1,25 billion) with an average yield of 1,39% and a coverage ratio of 1,88.

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