Italian auction result

Sold Eur 3.5bln of Dec 2015 BTP, yield 1.85%, cover 1.447

Sold Eur 813 mln of June 2017 CCTeu, yield 2.17%, cover 2.77

Sold Eur 687 mln of Oct 2017 CCTeu, yield 2.34%, cover 2.122

Sold full targeted amount with the 3yr yield at lowest levels since March 2010, all- in- all a fairly satisfying result

EUR/USD’s holding steady around 1.3272

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