Italy Debt Agency (Tesoro) sells total €750M vs. €250-750M indicated range in I/L 2026 and 2041 Bonds (BTPei)
- Sells €496M in 3.10% Sept I/L 2026 BTPei bond; Avg Yield: 0.55% v 0.83% prior; Bid-to-cover: 2.39x v 2.00x prior
- Sells €255M in 2.55% Dec I/L 2041 BTPei; Avg yield: 1.2% v 1.79% prior; Bid-to-cover: 2.49x v 4.23x prior