BTP down with distributed, weighs Greece, auction halls rate Bot – Reuters Italy

BTP down with distributed, weighs Greece, auction halls rate Bot – Reuters Italy

       

 MILAN, December 29 – The secondary Italian travels in negative territory, in line with the periphery, in a session in which he weighed the non-election of the President of the Republic in Greece, which opens the way for early voting, and that has saw a rate slightly higher, at most by the end of October, in the auction of six-monthly Bot. The failure in the election of the new head of state in Athens, although that has impacted more markedly negative equity markets – particularly on the Athens Stock Exchange in late morning lost almost 11% – was also the basis of the correction view sull’obbligazionario. Immediately after the result of the vote Hellenic, the yield spread between BTP and Bund on the stretch to 10 years has come to touch the 147 basis points from 135 last closing, to go down to around 12.40 to 143 bp. At the same rate in the ten-year Italian went up to 2.03% will then move to the 1.999% dall’1,944% last closi   ng. Shortly after the result of the vote greek, the rate of the ten-year Bund has touched a new low at 0.565% while the yield of ten greek was brought above 9%. “The Italian bond, following the periphery, spreads relative to Germany, we are in the pre-auction but behind this movement there is a reason related only to Italy. I do not think, even in the light of the outcome of the vote greek, Athens is a problem for Europe: now we go to elections, who must win and we will see who will win with the Troika, “said a trader with a major Italian bank. Meanwhile Premier greek Antonis Samaras said that tomorrow will travel by President of the Republic to demand the dissolution of Parliament and early elections on 25 January next. Samaras said he was confident of winning the elections, adding that it will not allow anyone to question the presence of Greece in Europe. Just before though Alexis Tsipras, leader of the opposition, has welcomed the outcome of the presidential e   lection, saying that marks the end of the rescue programs based on austerity. In terms of primary, today’s session saw the Treasury place in the morning all the 7 billion auctioned on the Bot 6 months and 2.5 billion in the auction Ctz, in the first placement with Regulation next year. The yield of the Bot rose to 0.297% from 0.272% at the end of November, the highest since late October. At the end of the morning, the gray market of Tradeweb the good exchanges in area 0.349%. “It ‘true that the performance of the semi-annual Bot rose but it also said that we are at the end of year, in a particular period, with low volumes. We will see what will be the beginning of the year that will affect the movement shorter-we … in front of a ‘quantitative easing’ and then it is normal that back up in yields: there are few people who want to put money to work at these rates, “explains the operator. Placements for later this month will conclude tom   orrow when Via XX Settembre put on the plate between 5.5 and 7.5 billion in BTP at 5 and 10 years and CCTeu. ========================== ===================== 12.40 ======= BUND FUTURES March 155.53 (+0.36) FUTURES BTP March 134.34 (-0.51) BTP 2 YEARS (AGO 16) 101.883 (-0.055) 0.559% BTP 10 YEARS (DIC 24) 104.560 (-0.515) 1.999% BTP 30 YEARS (SET 44) 128.363 (-0.733) 3.279% ======================== SPREAD (PB ) ========================= FORMER TREASURY / BUND 10 ANNI 166 161 BTP / BUND 2 YEARS 67 63 BTP / BUND 10 YEARS 143 135 137 minimum , maximum 8 133.1 146.8 137.1 BTP / BUND 30 YEARS 190 183 BTP 10/2 YEARS 144.0 142.1 128.0 130.2 ========= BTP 30/10 YEARS ================================================== === – site www.reuters.it other news Reuters in Italian. The top news also on www.twitter.com/reuters_italia