ITALY AUCTION RESULTS:

Market news

11 April 2013

ITALY AUCTION RESULTS:

Italy sold E1.5bln floater CCTeu vs target E1.0bln-E1.5bln

- E1.5bln of June 2017 CCTeu; avg yield 2.74% (2.95%), cover 1.28 (1.50).

Italy sold E1.669bln 15-year BTP vs target E1.5bln-E2.0bln

- E1.669bln of 4.75% Sep 2028 BTP; avg yield 4.68% (4.90%), cover 1.32 (1.28).

Italy sold E4bln new 3-yr BTP vs target E3.0bln-E4.0bln

- E4.0bln of new 2.25% May 2016 BTP; avg yield 2.29% (2.48%), cover 1.4 (1.28).

French inflation falls to 39-month low

Germany March inflation confirmed at 1.8%

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