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BTP Valore: Total Orders >E16bln Through Middle Of Day 4

EUROZONE ISSUANCE

BTP Valore orders have totalled E1.27bln through 1230CEST Thursday, in the 4th day of orders, per Borsa Italiana data.

  • This is a fairly steep slowdown from the prior 3 days which have seen E2bln+ in orders through the morning, but added to the previous session totals it brings cumulative orders to over E16.1bln.
  • We will update the 4-day total at the close today (1130UK/1730CEST)

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