Indication Of The Average Price Of Treasury Bills To 365 Days.

Original Language Title: Indicazione del prezzo medio dei buoni ordinari del Tesoro a 365giorni.

Read the untranslated law here:

The Director General of the Treasury Viewed the Decree # 752 of January 7, 2015, which placed for January 14, 2015 the issuance of Treasury bills to 365 days; Visto l'art. 4 of legislative decree March 30, 2001, n. 165; Seen the need to conduct auctions of Treasury bills with demands of operators expressed in terms of yield, instead of price, in accordance with the practice prevailing on the money markets in the euro area; Considered that in accordance with art. 4 of Decree No. 752 of January 7, 2015 shall be indicated by special Decree the yields and prices referred to in the aforementioned article, resulting from the auction on the issue of Treasury bills of January 14, 2015;
Decreed: for the issuing of Treasury bills of January 14, 2015, the weighted average yield of B.O.T. to 365 days is result of 0.243 percent. The corresponding weighted average price is equal to 99.754. The minimum accepted performance and maximum accepted yield amounted respectively to-0.004% and 1.241%. This Decree will be published in the official journal of the Italian Republic.
Rome, January 20, 2015 p. The Director General of the Treasury: Cain