Italy sold a total of Euro 7.01 bln out of an expected 5.0- 8.5 bln range
Break down as follows:-
Euros 2.538 bln of 6% Nov 2014 BTP, btc 1.364 (prev 1.50) , yield 5.62 % (prev 7.89%)
Euros 1.176bln of 4.75% Sep 2021 BTP, btc 1.579 (prev 1.48) , yield 6.70 % (prev 5.77%)
Euros 2.5bln of 5% Mar 2022 BTP, btc 1.357 (prev 1.34) , yield 6.98 % (prev 7.56%)
Euros 0.8bln of Apr 2018 CCTeu, btc 1.97 (prev 1.7 end Aug) , yield 7.42% (from 4.52% end Aug)
Bit of a mixed bag, with higher yields in the 2021 BTP and 2018 CCTeu, and failing to hit the top of the sales range in total
EUR/USD off a tad around 1.2895 from 1.2905