(Finance) – The Ministry of Economy and Finance (MEF) has placed 5.75 billion euros of BTPs in the auctions for the placement of government bonds held on 13 January 2025, with sharply increasing yields.
In particular, 2.75 billion euros were placed BTP 2.70% 3 years 15-10-2027whereby demand reached 4.55 billion, which corresponds to a coverage ratio of 1.65. According to the report provided by the Bank of Italy, the gross yield settled at 2.85%, or 49 basis points higher than that of the previous similar auction, which dates back to 12 December 2024.
Furthermore, 3 billion euros were placed BTP 3.15% 7 years 15-11-2031whereby demand reached 4.88 billion, which corresponds to a coverage ratio of 1.63. The gross yield settled at 3.49%, or 57 basis points higher than that of the previous similar auction, which dates back to December 12, 2024.