(Finance) – Yields falling in today’s auction for i Five and ten year BTPs.
In detail, the BTP coupon 4.10% expiring 1 February 2029, it was placed at a price of 100.12 corresponding to a gross yield of 4.12%, down 29 basis points since the last auction.
The amount offered and placed was 2.5 billion for a demand of 3.63 billion with a coverage ratio of 1.45.
The BTP coupon 4.20% expiring March 1, 2034, it was placed at a price of 95.93, corresponding to a yield of 4.76%, down 17 basis points since the last auction. 3.5 billion offered and placed against a demand of 4.638 billion for a coverage ratio of 1.33.
For the Ten-year BTP coupon 2.20% expiring on 1 June, 1.5 billion were offered and placed at a price of 94.69 corresponding to a yield of 3.84%. Demand reached 2.56 billion for a coverage ratio of 1.73.
Finally the Ccteu seven-year maturity 15 October 2028 at a variable rate was offered and placed for 1.25 billion at the hammer price of 98.98 corresponding to a yield of 5.16%. 2.155 billion requested for a coverage rate of 1.72.