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Treasury: Btpis placed for 1,5 billion, yields down

The Ministry of the Treasury has assigned Btpi maturing in 2024 and 2026 for a total amount of 1,5 billion euros – Good demand: declining yields for both tranches.

Treasury: Btpis placed for 1,5 billion, yields down

The Treasury has placed on the Btpi markets maturing in 2024 and 2026 for a total amount of 1,5 billion euros, recording good demand.

As regards the ten-year tranche, indexed to inflation, €0,975 billion were placed. The yield stood at 1,92%, down 47 basis points from the mid-March auction while the bid to cover was 1,80. In the tranche maturing in 2026, €0,525 billion of securities were assigned. The average return, in this case, stood at 2,09% while demand exceeded supply by 2,46 times.

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