Italy sells EUR 6.25bln vs exp. EUR 5-6.25bln 2.40% 2029, 3.15% 2033, 3.25% 2032 BTP

Italy successfully sold EUR 6.25 billion in government bonds, a slight increase from expectations.

Newsquawk StaffPublished On the live feed at 7 more headlines followed before this page went public
Newsquawk headlinesUTC

[MARKET ANALYSIS] G10s mostly firmer vs USD, ex-AUD which appears to be taking a slight breather

Italian PM Meloni says EU leaders are to discuss EU common debt issuance and measures to lower energy prices

Italy sells EUR 6.25bln vs exp. EUR 5-6.25bln 2.40% 2029, 3.15% 2033, 3.25% 2032 BTP

[MARKET ANALYSIS] Gilts lead after soft GDP though BoE pricing largely unaffected, USTs treadwater

[MARKET ANALYSIS] European equities broadly in the green; Financials lead as Schroders (+28.5%) gets acquired by Nuveen

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • 2.40% 2029: b/c 1.53x (prev. 1.45x), average yield 2.36% (prev. 2.48%)
  • 3.25% 2032: b/c 1.98x (prev. 1.78x), average yield 2.92% (prev. 2.95%)
  • 3.15% 2033: b/c 1.69x (prev. 1.69x), average yield 3.02% (prev. 3.00%)
Context
The stronger bid-to-cover ratios indicate healthy demand, even as average yields decreased or remained stable, suggesting a favorable market for Italian debt despite the tightening environment. This could enhance investor sentiment towards peripheral Eurozone bonds while also impacting overall rate expectations.

Related headlines

The whole workspace, free to try.

Try it free