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Record rates at the Bot auction, boom in requests for Greece's return to the market

The Treasury placed all of the €7,5 billion of one-year bonds on offer and the interest rate was 0,589%, updating the all-time low of 0,592% set last month – Athens awarded bonds to five years for three billion euros, against a demand that has reached 20 billion.

Record rates at the Bot auction, boom in requests for Greece's return to the market

No problem for the gods auction Boots. This morning the Treasury placed all the 7,5 billion euro of one-year bonds offered and the interest rate was equal to 0,589 %, which updates the time low of 0,592% achieved last month.

The spread between ten-year BTPs and their German counterparts is stable at 163 points and the yield stands at 3,16%. After several weeks, the Italy risk is once again lower than the Spain risk: the spread between Bonos and the Bund in fact marks 164 points at 3,17%.

The sentiment on the debt markets is euphoric also in the wake of the excellent result obtained by Greece, which today returned to the government bond market after an absence of 4 years. The Treasury of Athens awarded today five-year bond for three billion euros, compared to one demand that has reached 20 billion (the coverage ratio is therefore 6,7). Average returns stood at 4,95%, well below forecasts, which indicated a range between 5,25 and 5,50%.

No consequence, therefore, fromcar bomb exploded in the early hours of the morning in front of the headquarters of the Central Bank of Greece in the center of Athens. According to the police, the explosion caused property damage, but no injuries. The car was parked on the opposite side of the central institute, in the immediate vicinity of a Troika office.

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