(Finance) – The Treasury has placed all 6.5 billion euro of 5 and 10-year BTPs, offered at auction, with significantly higher rates.
The yield of the Five-year BTP rose to 1.46% from 1.07% of the February placement, while that of ten years it marked an increase to 2.14% from 1.81%.
There request overall exceeded € 8.7 billion: for 5-year BTPs it was 4.15 billion with a coverage ratio of 1.38, while for 10-year BTPs the request was equal to 4, 58 billion and a coverage ratio of 1.31.