Six-month bots sold for 8,5 billion with yields down to 2,14% – Ctz maturing in 2013 were also placed for two billion at 3,408%.
Good results for the two auctions of Italian government bonds which took place this morning. The Treasury has placed six-monthly Treasuries for 8,5 billion euro, against a request of 14,148 billion. The bond yield fell from 2,269% in the last auction to 2,14%.
As for the Ctz maturing in 2013, they were sold for two billion. Also in this case the demand was almost double (3,872 billion) and yields suffered a decline, falling from 4,037% to 3,408%.
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