In the middle of the second day of placement of the Btp Italia, orders rise to 1.1 billion euros with around 40,000 contracts.
The guaranteed minimum annual (real) coupon rate of the eighteenth issue of the BTP Italia is set at 1.60%, ie equal to the previous issue of mid-June last year.
The first phase of the placement period, dedicated to retail investors, will end tomorrow, unless closed early.
Orders totaling 3.18 billion euro were collected yesterday.
Government bond yields are down , Btp to 4.05%
The yields of European government bonds are falling with investors ready to bet on less aggressive monetary policies by central banks.
The spread between the BTP and the Bund falls below 200 basis points (198 points), with the Italian 10-year rate at 4.05% (-11 basis points).
The yields of 'peripheral' countries also fell with Spain at 3.09% (-9 basis points) and Greece at 4.24% (-5 basis points).