ITALY DEBT AGENCY (TESORO) SELLS TOTAL €8.0B VS. €6.25-8.0B INDICATED RANGE IN 2018, 2022 AND 2030 BTP BONDS
- Sells €2.5B vs. €2.0-2.5B indicated range in 0.75% 2018 BTP; Avg Yield: 0.44% v 0.61% prior; Bid-to-cover: 1.83x v 1.64x prior
- Sells €4B vs. €3.25-4.00B indicated range in 1.35% 2022 BTP; Avg Yield: 1.23% v 1.29% prior; Bid-to-cover: x v 1.51x prior
- Sells €1.5B vs. €1.0-1.5B indicated range in 3.5% 2030 BTP; Avg Yield: 2.1% v 2.46% prior; Bid-to-cover: 1.68x v 1.53x prior