The 6-Month BOT (Buoni Ordinari del Tesoro) Auction is a key event where the Italian Treasury issues short-term debt to manage the country's liquidity. These bills have a maturity of six months and are zero-coupon securities, meaning they are sold at a discount and redeemed at face value. The auction results, particularly the average yield and the bid-to-cover ratio, are closely watched as indicators of investor confidence in Italy's fiscal health. High yields can signal increased perceived risk, while strong demand suggests stability in the peripheral Eurozone debt markets.
The auction is conducted via a competitive process where authorized dealers submit bids. The Treasury accepts bids starting from the highest price until the total amount offered is covered, establishing a weighted average price and yield.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 25, 2026 | 2.87 | — | — |
| Aug 27, 2026 | 2.47 | — | — |
| Jul 29, 2026 | 2.57 | — | — |
| Jun 25, 2026 | 2.48 | — | — |
| May 27, 2026 | 2.41 | — | — |
| Apr 28, 2026 | 2.16 | — | — |
| Mar 26, 2026 | 2.48 | — | — |
| Feb 25, 2026 | 2.03 | — | — |
| Jan 28, 2026 | 2.04 | — | — |
| Nov 26, 2025 | 2.04 | — | — |
| Oct 29, 2025 | 1.97 | — | — |
| Sep 25, 2025 | 2.04 | — | — |
| Aug 27, 2025 | 2.01 | — | — |
| Jul 29, 2025 | 2.00 | — | — |
| Jun 26, 2025 | 1.95 | — | — |
| May 28, 2025 | 1.98 | — | — |
| Apr 28, 2025 | 2.07 | — | — |
| Mar 27, 2025 | 2.27 | — | — |
| Feb 26, 2025 | 2.45 | — | — |
| Jan 29, 2025 | 2.54 | — | — |
| Nov 27, 2024 | 2.72 | — | — |
| Oct 29, 2024 | 3.00 | — | — |
| Sep 26, 2024 | 3.11 | — | — |
| Aug 28, 2024 | 3.25 | — | — |
| Jul 26, 2024 | 3.55 | — | — |
| Jun 26, 2024 | 3.72 | — | — |
| May 29, 2024 | 3.65 | — | — |
| Apr 24, 2024 | 3.66 | — | — |
| Mar 26, 2024 | 3.77 | — | — |
| Feb 27, 2024 | 3.77 | — | — |
| Jan 26, 2024 | 3.77 | — | — |
| Nov 28, 2023 | 3.86 | — | — |
| Oct 26, 2023 | 3.98 | — | — |
| Sep 27, 2023 | 4.00 | — | — |
| Aug 29, 2023 | 3.83 | — | — |
| Jul 26, 2023 | 3.81 | — | — |
| Jun 28, 2023 | 3.64 | — | — |
| May 26, 2023 | 3.53 | — | — |
| Apr 26, 2023 | 3.33 | — | — |
| Apr 12, 2023 | 3.13 | — | — |
| Mar 29, 2023 | 3.08 | — | — |
| Feb 23, 2023 | 3.05 | — | — |
| Jan 27, 2023 | 2.82 | — | — |
| Nov 25, 2022 | 2.32 | — | — |
| Oct 27, 2022 | 2.05 | — | — |
| Sep 28, 2022 | 1.98 | — | — |
| Aug 26, 2022 | 0.81 | — | — |
| Jul 27, 2022 | 0.63 | — | — |
| May 27, 2022 | -0.09 | — | — |
| Apr 27, 2022 | -0.31 | — | — |
The latest reading is within its usual range, less than one standard deviation from the mean.
