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Treasure: Btp auctions are good

The three-year average yield fell to 0,48% from 0,5% in June, that of 7 years to 1,6% from 1,76% a month ago, that of 15 years to 2,63% from 2,77% and that of 30 year olds to 3,24% from 3,36%.

Treasure: Btp auctions are good

The Treasury has placed 7,3 billion euro of Btp at 3, 7, 15 and 30 years choosing to allocate slightly less than the maximum target of 7,5 billion. Rates recorded a slight decline. 

In detail, the three-year average yield fell to 0,48% from 0,5% in June, that of 7 years to 1,6% from 1,76% a month ago, that of 15 years to 2,63, 2,77% from 30% and that of 3,24 year olds to 3,36% from XNUMX%.

Immediately after the announcement of the result of the auction, the Btp-Bund spread – down since the opening following the agreement between Greece and Brussels – stands at 122 basis points, from 125 at yesterday's closing.  

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