Italy's short-term funding cost reached a record low at today's auction as investors hope to see an end to the political deadlock.
The treasury sold EUR 8 billion treasury bills at a yield of 0.503 percent, down from the 0.831 percent yield logged at a similar auction last month.
However, demand slowed slightly compared to the previous issue. The bid-to-cover ratio fell to 1.4 from 1.64 in the prior month.
The treasury will offer 5- and 10-year BTPs next Monday, to raise EUR 6 billion.
Prime Minister-designate Enrico Letta started talks to form a broad coalition government, with the centre-right People of Liberty party to which Silvio Berlusconi belongs.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.