Italian auction result…

Author: Pete Jackson | Category: News

Italy’s Tesoro sells a total of Eur 5.982 bln out of a targeted Eur 4-6 bln

Sold Eur 3 bln of 5 yr Nov 2017 BTP’s,  yield 3.23% (from 3.80%),  cover 1.239 (from 1.49)

Sold Eur 2.982 bln of 10 yr Nov 2022 BTP’s , yield 4.45% (from 4.92%), cover 1.184 (from 1.43),… lowest yield since Nov 2010

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