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ITALY AUCTION RESULTS: Italy sells E2.75bln vs E2.00-2.75bln target.
- E1.75bln of the Mar-20 CTZ; average yield 0.715% (1.28%), bid-to-cover ratio
- E1.00bln of the 1.25% Sep-32 BTPei; average yield 1.65% (0.75%), bid-to-cover
ratio 1.72x (1.94x)