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Btp auctions: falling rates, a record over 5 years

The interest rate on ten-year bonds stood at 1,36%, down on the 1,48% of the previous placement – ​​All-time low for the five-year period: from 0,53 to 0,37%.

Btp auctions: falling rates, a record over 5 years

The decline in yields on Italian government bonds does not stop. After the record results recorded on Tuesday and Wednesday respectively with ctz e Boots, today the Treasury successfully placed BTP at 10 and 5 years respectively for 1,68 and 2,5 billion euro. 

Il cup of interest gross average on ten-year bonds settled at 1,36%, down on the 1,48% of the previous placement. Even more marked was the drop in the yield on the 5-year maturity, which reached an all-time low: from 0,53 to 0,37%.

As for Required Knowledge, for the 2,87-year BTP they reached 5 billion while for the 3,82-year maturity they reached XNUMX billion.

To complete the placement of long-term securities the Ccteu at 7 years, with securities sold for one billion at a yield of 0,51%, again down on the level of the last auction of the same type (0,60%). 

Good level of question, which reached 2,44 billion, for a coverage ratio of 2,45. 

Immediately after the publication of the auction results, the Milan Stock Exchange gains 0,46%, while the BTP-Bund spread it is down to 93 basis points.

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