The primary auction for Italy's benchmark 10-year government bonds, used to finance national expenditure and manage debt. The 10-year BTP is the most closely watched Italian debt instrument as it serves as the basis for the 'spread' against the German Bund, a critical measure of Eurozone systemic risk. Market participants analyze the yield to gauge long-term inflation expectations and fiscal sustainability in the Eurozone's third-largest economy.
Managed by the Italian Department of the Treasury using a competitive bidding process among authorized financial institutions to determine the coupon and issuance price.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 28, 2026 | 4.10 | — | — |
| Jul 30, 2026 | 4.00 | — | — |
| Jun 26, 2026 | 3.63 | — | — |
| May 28, 2026 | 3.77 | — | — |
| Nov 27, 2015 | 1.36 | — | — |
| Oct 29, 2015 | 1.48 | — | — |
| Sep 29, 2015 | 1.82 | — | — |
| Aug 28, 2015 | 1.95 | — | — |
| Jul 30, 2015 | 1.83 | — | — |
| Jun 30, 2015 | 2.35 | — | — |
