The Treasury announced today. Mid-term auction results Held this morning, covered. 4 types of BTP in 3, 7, 10 and 15 years For a total cost of More than 8.2 billion eurosWith generally rising returns and continued strong demand, that confirms the market’s interest in Italian securities. All securities held are expected to settle on November 15, 2024.
10-year yield decline
of the 17th Trans 10-year BTP (remaining life 8 years), coupon 2.5%, maturity 1 December 2032, was held for a sum. 1.5 billion euros2.9 billion against incoming demand for a coverage ratio of 1.92. Gross yield stood at 3.37 percent And that’s down from 3.57% of the previous auction on this type of security.
Results of 3- and 7-year BTPs
Also covered the auction. 3 years BTPcoupon 2.7%, maturity 15 October 2027, held for an amount 4 billionDriven by over 5.9 billion euros in demand, the book-to-bill ratio is 1.49. The hammer price was 99.96, while The gross output increased to 2.73.% compared to previous 2.68%.
6th episode of 7 year BTP (remaining life 7 years), coupon 3.5%, maturing on February 15, 2031, was placed for an amount 1.5 billion2.8 billion against demand, for a coverage ratio of 1.88. The hammer price is equal to 101.62, while Gross domestic product rose to 3.23 percent Dal 3.19%
Longest BTPs
The Treasury also put it up for auction. 15 year BTPcoupon 4.15%, maturity 1 October 2039. is equal to the amount assigned 1.25 billion eurosAgainst a request of around 2.7 billion for a coverage ratio of 2.15. The hammer price is equal to 102.82, while Yields rose to 3.93 percent 3.88 percent from earlier.
Yesterday’s BOT auction was a steal.
on the day of 9 billion bots were also placed yesterday.: 12 months BOTs, 2.695% on fixed yield for an amount of 7.5 billion and for re-opening of one year BOTs (remaining life 2 months), fixed yield of 3.041% for an amount of 1.5 billion. Yesterday’s auction also confirmed this. The power of the question For tricolor titles.
