| Settlement 14/03/2023 | 366 days | ||
| Average price | 96,457 | ||
| withholding tax 12.5% | 0,44288 | ||
| Rounding | 0,00013 | ||
| Net knockdown price | 96,900 | ||
| Net yield | 3,147 | ||
Net compound yield Gross yield Gross compound yield | 3,147 3,613 3,612 | ||
| In case of maximum commissions, prices and yields change as follows: | |||
| Maximum commission | 0,15 | ||
| Net assignment price + commissions (max) | 97,050 | ||
Yield (minimum) | 2,990 | ||
| Net compund yield (minimum) | 2,989 | ||
Assiom reminds that , according to the “Transparency Decree” – issued last October, which modifies the previous MEF decree of 12th February 2004 – the total sale price of BOT subscribed by clients during the auction (including the withholding tax and commission required by brokers) cannot be more than 100. Such rule will therefore avoid any negative yield, possibly coming from the high request, partially due to the Monetary Funds and partially to the bank clients who remain suspicious, thus showing small confidence towards alternative investments with a high risk/yield profile.
Government securities have been allocated to public subjects at an auction average price plus taxes calculated on fiscal prices, subject to different commissions according to BOT duration: maximum 0,05% for BOT duration equal to or less than 80 days, 0,10 for BOT duration between 81 and 170 days, 0,20% for BOT duration equal to or more than 331 days - the Ministry of Treasury decree of 12th February 2004. If the total sale price , comprehensive of the withholding tax and commission as per previous sub-section, is more than 100, the maximum amount of such commission is reduced in order to guarantee a cost lower that 100 euro, for each 100 euro of subscribed capital . Art. 2 of the Ministry of Treasury decree of 12th February, sub-section 2 bis.
| Settlement 31/03/2023 | 182 days | 105 days (Reopening of the 12 Month BOTs Jul 14 2022 - Jul 14 2023, 365 days, 3 months residual maturity) | |
| Average price | 98,469 | 99,152 | |
| Withholding tax 12.5% | 0,19138 | 0,10600 | |
| Rounding | -0,00037 | 0,00200 | |
| Net allotment price | 98,660 | 99,260 | |
| Net yield | 2,687 | 2,556 | |
| Net compund price Gross yield Gross compund price | 2,704 3,075 | 2,579 2,932 2,963 | |
In case of maximum commissions, prices and yields change as follows: | |||
| Maximun commissions | 0,10 | 0,05 | |
| Net allotment price + commissions (maximum) | 98,760 | 99,290 | |
| Yield (minimum) | 2,484 | 2,382 | |
| Net compound yield (minimum) | 2,499 | 2,402 | |
| 0,16000 |
| BTP Short Term | BTP(**) | ||||
| Maturity | 28/03/2025 | 01/12/2024 | |||
| Cod./Tranche | IT0005534281/03 | IT0005045270/14 | |||
| Offer - minimum/max amount | 2250/2750 | 1000/1250 | |||
| Settlement | 30/03/2023 | 30/03/2023 | |||
| Asked amount | 4057 | 2381 | |||
| Confirmed amount | 2750 | 1250 | |||
| Allotment price | 100,26 | 99,06 | |||
| Exclusion price | n.a. | n.a | |||
| Gross yield | 3,286% | 3,091% | |||
| Yield variation previous auction (*) | -0,38% | n.a. | |||
| Net yield | 2,828% | 2,774% | |||
| Allotment | n.a. | n.a. | |||
| Circulating amount (mln) | 7625 | 22634 | |||
| Re-opening (mln) | n.a. | n.a. | |||
| Tax exempt interest | n.a. | n.a. | |||
| (*) Compared with same duration securities (**) Not available | |||||
(**) The security has at least one tranche issued "ad hoc" for REPO operations.
|
BTP 3,40% |
BTP 4,40%
|
CCTeu T.V. |
CCTeu T.V. | ||
|
Maturity
|
01/14/2028 |
01/05/2033
|
15/10/2030 |
15/04/2029 |
|
|
Cod./Tranche
|
IT0005521981/06 |
IT000551828/09
|
IT0005491250/12 | IT0005451361/17 |
|
|
Offered
|
2500/3000 | 3000/3500 | 1000/1250 | 1000/1250 |
|
|
Settlement
|
03/04/2023 |
03/04/2023
|
03/04/2023 |
03/04/2023 |
|
|
Coupon maturity
|
(**) |
(**)
|
1,396% | 1,346% |
|
|
Asked amount
|
4465 |
4828
|
2136 | 2440 | |
|
Confirmed amount30
|
3000 |
3500
|
1250 | 1250 | |
|
Allotment price
|
99,26 |
102,59
|
97,43 | 99,17 | |
|
Exclusion price
|
(**) |
(**)
|
(**) | (**) | |
|
Gross yield
|
3,587% |
4,120%
|
4,545% | 4,185% | |
|
Yield variation previous auction*
|
-0,25% |
-0,21%
|
(**) | (**) | |
|
Net yield
|
3,140% |
3,569%
|
4,012% | 3,670% | |
|
Allotmnet
|
(**) |
(**)
|
(**) | (**) | |
|
Circulating amount (mln)
|
15300 |
17950
|
13290 | 19553 | |
|
Re-opening (mln)
|
(**) |
(**)
|
(**) | (**) | |
|
(***) amounts refer to the three amounts on the whole
|
|||||
|
(*) comparison with same duration securites (**) not available
(1) The security has at least one tranche issued "ad hoc" for REPO operations |
|||||
16/03/2023
BTP 3,85% | BTP 3,80% | BTP 2,15% | BTP green 4,00% | ||
| 15/12/2029 | 15/04/2026 | 01/03/2072 | 30/04/2035 | ||
Cod./Tranche | IT0005519787/09 | IT0005538597/01 | IT0005441883/02 | IT0005508590/04 | |
Offer | 2500/3000 | 3500/4000 | 500/750 | 1500/2000 | |
Settlement | 16/03/2023 | 16/03/2023 | 16/03/2023 | 16/03/2023 | |
Bid price | - | - | - | - | |
| Asked amount | 4272 | 5533 | 1185 | 2825 | |
Allotted amount | 3000 | 4000 | 750 | 2000 | |
Knockdown price | 99,46 | 100,36 | 58,15 | 96,70 | |
Exclusion price | - | - | - | - | |
Gross yield | 3,973% | 3,707% | 4,197% | 4,397 | |
Yield variation previous auction(*) | 0,18% | 0,34% | - | - | |
Net yield | 3,483% | 3,225% | 3,788% | 3,875% | |
Allotment | - | - | - | - | |
Circulating amount (mln) | 18200 | 4000 | 5750 | 10000 | |
Re-opening (mln) | - | - | - | - | |
Tax exempt interest | (**) | (**) | (**) | (**) |
| 5258 |
29th March 2023
The current account holding as of 28th March 2023 was 186.203 mln euro and the average current account holding was 211.081 mln euro, the use of the deposit facility was 4.007 bln euro and the use of marginal lending was 60 mln euro. Today the ECB has allotted 743 mln euro 3 months tender indexed at MRO rate.
28th March 2023
The current account holding as of 27th March 2023 was 185.610 mln euro and the average current account holding was 215.227 mln euro, the use of the deposit facility was 4.017 bln euro and the use of marginal lending was 79 mln euro. Today the ECB has allotted 1.710 mln euro 1 week tender at 3.50%.
The current account holding as of 27th March 2023 was 185.610 mln euro and the average current account holding was 215.227 mln euro, the use of the deposit facility was 4.017 bln euro and the use of marginal lending was 79 mln euro. Today the ECB has allotted 1.710 mln euro 1 week tender at 3.50%.
The current account holding as of 27th March 2023 was 185.610 mln euro and the average current account holding was 215.227 mln euro, the use of the deposit facility was 4.017 bln euro and the use of marginal lending was 79 mln euro. Today the ECB has allotted 1.710 mln euro 1 week tender at 3.50%.
21st March 2023
The current account holding as of 20th March 2023 was 334.168 mln euro and the average current account holding was 190.535 mln euro, the use of the deposit facility was 3.882 bln euro and the use of marginal lending was 87 mln euro. Today the ECB has allotted 974 mln euro 1 week tender at 3.50%.
14th March2023
The current account holding as of 13th March 2023 was 187.800 mln euro and the average current account holding was 179.519 mln euro, the use of the deposit facility was 4.134 bln euro and the use of marginal lending was null. Today the ECB has allotted 977 mln euro 1 week tender at 3.00%.
7th March 2023
The current account holding as of 6th March 2023 was 170.855 mln euro and the average current account holding was 180.202 mln euro, the use of the deposit facility was 4.145 bln euro and the use of marginal lending was 4 mln euro. Today the ECB has allotted 851 mln euro 1 week tender at 3.00%.
28th February 2023
The current account holding as of 27th February 2023 was 173.826 mln euro and the average current account holding was 182.804 mln euro, the use of the deposit facility was 4.116 bln euro and the use of marginal lending was 137 mln euro. Today the ECB has allotted 821 mln euro 1 week tender at 3.00%.
The current account holding as of 27th February 2023 was 173.826 mln euro and the average current account holding was 182.804 mln euro, the use of the deposit facility was 4.116 bln euro and the use of marginal lending was 137 mln euro. Today the ECB has allotted 821 mln euro 1 week tender at 3.00%.
The current account holding as of 27th February 2023 was 173.826 mln euro and the average current account holding was 182.804 mln euro, the use of the deposit facility was 4.116 bln euro and the use of marginal lending was 137 mln euro. Today the ECB has allotted 821 mln euro 1 week tender at 3.00%.
21st February 2023
The current account holding as of 20th February 2023 was 172.342 mln euro and the average current account holding was 189.395 mln euro, the use of the deposit facility was 4.128 bln euro and the use of marginal lending was 5 mln euro. Today the ECB has allotted 1.223 mln euro 1 week tender at 3.00%.
14th February 2023
The current account holding as of 13th February 2023 was 173.876 mln euro and the average current account holding was 215.853 mln euro, the use of the deposit facility was 4.155 bln euro and the use of marginal lending was 79 mln euro. Today the ECB has allotted 797 mln euro 1 week tender at 3.00%.
7th February 2023
The current account holding as of 6th February 2023 was 242.205 mln euro and the average current account holding was 195.996 mln euro, the use of the deposit facility was 4.040 bln euro and the use of marginal lending was 25 mln euro. Today the ECB has allotted 978 mln euro 1 week tender at 3.00%.
1st February 2023
The current account holding as of 31th January 2023 was 274,595 €/mln and the average current account holding was 194,779 €/mln; the use of the deposit facility was 3,997 €/bln and the use of marginal lending was 110 €/mln.
31st January 2023
The current account holding as of 30th January 2023 was 188.478 mln euro and the average current account holding was 192.614 mln euro, the use of the deposit facility was 4.071 bln euro and the use of marginal lending was 5 mln euro. Today the ECB has allotted 784 mln euro 1 week tender at 2.50%.
25th January 2023
The current account holding as of 24th January 2023 was 175.943 mln euro and the average current account holding was 195.095 mln euro, the use of the deposit facility was 4.159 bln euro and the use of marginal lending was null. Today the ECB has allotted 775 mln euro 3 months tender indexed at MRO rate.
24th January 2023
The current account holding as of 23rd January 2023 was 175.974 mln euro and the average current account holding was 195.658 mln euro, the use of the deposit facility was 4.153 bln euro and the use of marginal lending was null. Today the ECB has allotted 1.241 mln euro 1 week tender at 2.50%.
17th January 2023
10th January 2023
The current account holding as of 9th January 2023 was 181.975 mln euro and the average current account holding was 209.321 mln euro, the use of the deposit facility was 4.108 bln euro and the use of marginal lending was null. Today the ECB has allotted 955 mln euro 1 week tender at 2.50%.
3rd January 2023
The current account holding as of 2nd January 2023 was 199.349 mln euro and the average current account holding was 219.467 mln euro, the use of the deposit facility was 3.916 bln euro and the use of marginal lending was 295 mln euro. Today the ECB has allotted 1.122 mln euro 1 week tender at 2.50%.