Italy bond auction results. Yields at lows not seen since 1999

Italy went fishing at the bond pond and have done very well.

• Sold 2.5bn Dec 2014 CTZ at 1.167% down from 1.75%
• Sold 750m Sep 2023 inflation linked BTP at 2.65%

The 2 year CTZ yields are the lowest since the launch of the EU in 1999

Zilcho effect in the currency market though.