The yield on ten-year BTPs it jumps over the 6% threshold, the highest level since 1997. In this morning's auction, the Treasury placed bonds worth 2,97 billion, against a demand of 3,79 billion. The securities maturing in March 2022 were issued at a price of 92,6, con a gross annual return of 6,06%, up 0,2 points on the previous issue.
A fact that demonstrates the lack of confidence of the markets in our country, despite the fact that the letter of intent presented two days ago in Brussels by Silvio Berlusconi was included in the conclusions of the EU summit.
As for the three-year BTP (expiring July 2014), was placed at a price of 98,47, with the yield increasing by 0,24 points to 4,93%. Securities worth 3,08 billion were assigned against a demand of 4,17 billion.
Finally, the Btp expiring in September 2019 it was placed at the end of the marginal auction at a price of 90,74, with a yield of 5,81% (amount requested €1,40 billion, amount assigned €870 million).
