ITALY DEBT AGENCY (TESORO) SELLS TOTAL €5.84B VS. €5.0-6.0B INDICATED RANGE IN 5-YEAR AND 10-YEAR BTP BONDS
- Sells €2.846B v €2.5-3.0B indicated range in 1.05% 2019 BTP Bond; Avg Yield: 0.98% v 0.94% prior; Bid-to-cover: 1.37x v 1.46x prior
- Sells €2.996B v €2.5-3.0B indicated range in 2.50% 2024 BTP Bonds; avg yield 1.89% (record low) v 2.08% prior; bid-to-cover 1.28x v 1.58x prior