Auction Bot: allocated 5 billion of six-month securities with yields exceeding 2% (2.324%)

The Italian Treasury today placed 5 billion euro of six-monthly bonds, with yields still on the rise. In detail, 5 billion 182-day BOTs (maturity 31 May 2023) were assigned with a simple weighted average yield of 2.324%, up 28 basis points on the previous auction. The demand was 7.84 billion euros, with a coverage ratio of 1.57.