Bot Auction: 7 billion securities allocated annually with yields of +3.179%

Yields still on the rise for annual Bots. In today’s Bot auction, the Treasury placed 7 billion euros of annual government bonds maturing on February 14, 2024. Demand reached 9.6 billion with a bid-to-cover ratio of 1.38. The average allotment yield was 3.179%, up 9 basis points from the auction a month ago.