Btp-Bund spread closes at 200 points, ten-year yield at 4.88%

The tension on the bond market is not easing, the differential in the morning was at 195 points. Piazza Affari closes at +0.2%, other European stock exchanges contrasted

The spread between BTPs and Bunds reaches 200 basis points again, closing higher than yesterday’s 194 points. The yield on the Italian 10-year bond rose by 3 basis points to 4.88%, bucking the trend of other European government bonds. The German Bund rate falls by 4 basis points to 2.87%. The French 10-year bond also fell, standing at 3.45% (-2 basis points), the Spanish one at 3.99% (-1 point) and the Greek one at 4.31% (-3 points).

Btp Valore, 15.6 billion already raised

The pace of requests for BTP Valore continues at a rapid pace. The security for small savers issued by the Mef, on the fourth day of placement, has already collected orders for 2,728,896,000. Added to the 12.9 billion collected in the first three days, they bring the total requests to 15.6 billion. This second BTP issue ends tomorrow.

The Italian stock market closes at +0.2%, with European stock markets mixed

Piazza Affari closed slightly higher, recovering at the end of a volatile session, conditioned by disappointing macro data from Germany, France and Spain. At the end of trading, the Ftse Mib index marked +0.20% at 27,490.81 points. Energy and financial stocks on the list in no particular order: Prysmian +4.23%, after the announcement of the new plan to 2027 which envisages investments in the period of 2.7 billion euros, Saipem +4.13%, Tenaris +1 .12%, Snam +1.10%, Terna +0.88%. In negative territory, however, Tim lost 2.69% on the day in which Vivendi’s top management met the government for the dossier relating to the sale of the network. MPS also lost ground with -2.27%. Among industrialists, Pirelli scores -1%, Leonardo -0.91%. European stock markets close mixed: session up for London (+0.53%), Paris flat (+0.02%), Frankfurt down (-0.2%)