The placements of Italian government bonds continue to give satisfaction to the government and investors. Today the Treasury has managed to put on the market 2,5 billion Btp maturing in June 2017 with return declining to 4,73% from 5,29% in the last auction. The bid-to-cover was points, a sign that demand has exceeded supply.
The result of the ten-year government bonds (benchmark for the calculation of the spread) which recorded an average return of 5,82% against 5,96% of the last auction. 4 billion have been placed. Also in this case the question was good: 1,42 against 1,29 last time.
On the other hand, the placement of the almost 793 million CCTeu expiring in June 2017: the yield rose to 5,33% from 4,60% last July.