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Btp auctions, record rates on three-year bonds

On the 3,5 billion euro three-year BTPs, the interest rate fell to 0,89%, an all-time low; the demand was equal to 1,63 times the supply – The 4 billion BTPs with a seven-year maturity were placed with a yield of 2,12%, while the coverage ratio was 1,42 – For the billion 30-year bonds the rate was 4,05%

Btp auctions, record rates on three-year bonds

The Treasury placed this morning  BTP at 3, 7 and 30 years for a total amount of 8,5 billion euros

On the 3,5 billion euro of Btp triennial the interest rate dropped to 0,89%, an all-time low. Demand was 1,63 times supply.

The 4 billion Btp with maturity in seven years were placed with a yield of 2,12%, while the coverage ratio was 1,42.

For the billion titles at 30 years old, the rate was 4,05% and the bid to cover was 1,39.

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