Italian treasury sells 2.25 bn euros of 2-yr zero coupons
Yield down, demand stable28 October, 12:50
The yield was 1.392%, down from 1.623% at last month's auction. Demand was stable, with an oversubscription rate of 1.78 compared to 1.77 at the last placement.
The Italian treasury also sold 750 million euros of 10-year bonds indexed to eurozone inflation. The yield on the BTP was 2.73% with demand registering 1.8 times supply.