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Holding Above Recent Lows

US EURODLR OPTIONS

BLOCK, Large 3Y Midcurve Put Condor

Italy taps the market for.....>

ITALY AUCTION RESULTS
ITALY AUCTION RESULTS: Italy taps the market for E5.995bn vs E4.75-6.0bn target.
- E1.5bln of the 1.60% Jun-26 BTP: Average yield 1.36% (2.05%), bid-to-cover
1.79x (1.74x)
- E3.75bln of the 0.95% Aug-30 BTP: Average yield 1.78% (1.48%), bid-to-cover
1.31x (1.33x)
- E0.745bln of the Oct-24 CCTeu: Average yield 1.38% (2.22%), bid-to-cover 1.68x
(1.82x)
MNI London Bureau | +44 0203-865-3808 | bruce.jeffery@marketnews.com