Sections

Treasury sells 5-yr, 10-yr bonds, yields declining

Sells 4.83 bn euros in paper, auctions 1.75 bn euros in T-bills

Redazione Ansa

(ANSA) - Rome, July 30 - The Italian Treasury on Thursday about 4.8 billion euros in 5-year and 10-year bonds, at declining yields.
    The benchmark 10-year BTP in particular sold at a yield of 1.83% compared with 2.35% at the last auction of similar bonds.
    The Treasury said it sold 2.48 billion euros of the 10-year paper.
    The yield on 5-year BTPs slid to 0.77% compared with 1.25% at the previous operation for 1.9 billion euros sold.
    Also placed were 1.75 billion euros in Treasury bonds with a yield of 0.67%.
    The falling yield suggest stronger demand for Italian bonds by investors.
   

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