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Italian treasury sells 2.25 bn euros of 2-yr zero coupons

Yield down, demand stable

28 October, 12:50
Italian treasury sells 2.25 bn euros of 2-yr zero coupons (ANSA) - Rome, October 28 - The Italian treasury on Monday placed 2.25 billion euros of two-year zero-coupon bonds.

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.

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