Italy sold 3 bln euros September 2014 CTZ bond.

Yield 2.397%. Bid to cover ratio 1.649%.

2 year zero coupon yield lowest since March 2012 and down from 2.53% at last auction.

Italy also sold 674 mln euros September 2021 BTPei, gross yield 3.33%, bid to cover ratio 2.134 and 326 mln September 2026 BTPei, gross yield 3.75%, bid to cover ratio 2.715.

Total sold, if my maths is right, is 4.049 bln, at the top of the 2.5-4.0 bln target range.

Results will have helped give euro a marginal lift, EUR/USD presently up at 1.2940.

Trading though remains generally lacklustre

:(