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5/10-year BTPs, 5-year CCTeu

ITALY AUCTION PREVIEW

Italy will return to the market on Thursday to hold a 5/10-year BTP and CCTeu auction for a combined total of up to E9.75bln. On offer will be E3.0-3.5bln of the on-the-run 5-year 3.80% Aug-28 BTP (ISIN: IT0005548315), E1.00-1.25bln of the off-the-run 10-year 2.50% Dec 32 BTP (ISIN: IT0005494239), E3.25-3.75bln of the on-the-run 10-year 4.35% Nov-33 BTP (ISIN: IT0005544082) and E1.00-1.25bln of the 0.80% Oct-28 CCTeu (ISIN: IT0005534984).


For our auction preview, see the PDF here:


Italy_auction_2023_07_27.pdf

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