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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (72615)2/24/2010 5:29:50 AM
From: Haim R. Branisteanu  Read Replies (1) of 74559
 
Italy Sells EUR1.208B September 2019 BTPei, Yield 2.07%

DOW JONES NEWSWIRES

The Italian Treasury sold EUR1.208 billion of a long-dated Treasury bond linked to euro-zone inflation, or BTPei, at an auction Wednesday, the Bank of Italy said.
The bond on offer was launched in 2008.
The following are details of the auction, with amounts in euros. Figures in brackets show data from the previous auction held Aug. 27.

Issue nine-year BTPei
Maturity Sept. 15, 2019
Coupon 2.35%
Amount on offer 0.75 bln-1.25 bln
Bids received 1.856 bln
Bids accepted 1.208 bln
Bid-to-cover ratio 1.54 (1.41)
Yield 2.07% (1.99%)
Assignment price 102.48 (103.32)
Settlement date Feb. 26, 2010


Web site: www.bancaditalia.it and www.dt.tesoro.it
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