The Treasury placed six-month Treasuries for 8,75 billion, the entire amount offered, but the average yield rose to 1,237%, from 0,731% in January – The uncertain electoral result recorded yesterday weighs heavily, from which it is not no possible majority emerged in the Senate – Piazza Affari plummets, the spread flies.
The Treasury placed this morning Six-month bot for 8,75 billionthe full expected amount. The average yield rose to 1,237%, from 0,731% in January, in the wake of yesterday's uncertain electoral result, from which no possible majority in the Senate emerged. The request exceeded the supply, reaching 12,595 billion.
In the same minutes Business Square loses more than four and a half points, with bank stocks diving, while lo spread travels around 330 basis points.
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