Reporting on key macro data at the time of release.
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ITALY AUCTION RESULTS: The Italian Treasury via the Bank of Italy sold at top
end of ranges:
- E3.0bln (range E2.5-3.0bln) of the BTP 0.2% Oct-20 at a yield of 0.04%
(-0.02%) and a bid-cover ratio of 1.54 (1.79).
- E3.0bln (range E2.5-3.0bln) of the BTP 1.45% Nov-24 at a yield of 1.35%
(1.29%) and a bid-cover ratio of 1.4 (1.44).