Six-month BOT auction, 6.5 billion placed with increasing yield

Six month BOT auction 65 billion placed with increasing yield

(Finance) – The Ministry of Economy and Finance (MEF) has placed 6.5 billion euros in BOTs 181 days 03-28-2024with increasing returns.

In particular, 6.5 billion euros were placed against a demand of 8.8 billion, which correspond to a coverage ratio of 1.36. According to the report provided by the Bank of Italy, the yield simple weighted average settled at 3.997%which is 17 basis points higher than that of the previous similar auction, which dates back to August 29, 2023.

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