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Rate on six-month Italian bonds drops to record low

Interest on BOTs falls to 0.455%

26 February, 11:47
Rate on six-month Italian bonds drops to record low (ANSA) - Rome, February 26 - The interest rate on the six-month Italian State BOT bond dropped to a new low at auction on Wednesday.

The Treasury sold all 8.5 billion euros' worth of the BOTs it put on the market at an average rate of 0.455%, the first time since the introduction of the euro that it has gone below the 0.5% mark.

The rate at the last equivalent sale in January was 0.59%.

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