At this morning's auction, the Italian Treasury sold 7,5 billion euro semi-annual bonds. The level of demand was very high, exceeding 11,7 billion. The average yield on securities reached 2,269%, up 0,28% on the previous auction.
As for the Ctz, bonds worth 1,5 billion were placed. Also in this case the request was much higher, reaching 2,484 billion. The gross annual yield of the Ctz is equal to 4,038%, (+0,818% compared to the previous auction). Securities issued on 29 April 2011 expire on 30 April 2013.
