Italy beats Spain 1 to 0 and the overtaking it is also marked in the field of short-term government bonds. The Treasury of Madrid in fact, this morning it placed government bonds at 3 and 6 months for a total of 2,58 billion euro against a maximum of 3 billion. The yield on three-month bonds saw a slight drop to 0,381% from 0,396% at the February auction, nothing compared to the halving that Italian bonds saw in thelast auction for Quarterly Bots. Demand for Spanish Bonos was 3,51 times the amount offered, down from 4,04 in the previous auction.
The rate on 6-month securities instead rose to 0,836% from 0,764% with a bid to cover of 5,56, down sharply from 10,2.
