12 month BOT auction, 8 billion euros placed with decreasing yield

12 month BOT auction 8 billion euros placed with decreasing

(Finance) – The Ministry of Economy and Finance (MEF) has placed 8 billion euros of 12 month BOTs in the auctions for the placement of government bonds held on 10 April 2024.
In particular, 8 billion euros of the 367-day BOT 14-04-2025 were placed, for which demand reached 10.64 billion, which corresponds to a coverage ratio of 1.33. According to the report provided by the Bank of Italy, the yield simple weighted average settled at 3.533%which is 1 basis point lower than that of the previous similar auction, which dates back to 12 March 2024.