Government bond yield · Italy
Italy 7-Year BTP Auction
The Italy 7-Year BTP Auction is the yield on Italy's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
- الأهمية
- Low
- صدر
- Monthly
- العملة
- EUR · euro
- البنك المركزي
- The European Central Bank (with the Banca d'Italia)
أحدث الأرقام
صدر آخر إصدار في 2026-10-29 وجاء عند 3.90%. هذا أقل من 4.24% في المرة السابقة.
خلال آخر 12 إصدارات تراوح بين 2.76% و4.24%، بمتوسط 3.42%.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 29 Oct 2026 | – | 3.90% | – | 4.24% |
| 13 Oct 2026 | – | 4.24% | – | 3.98% |
| 10 Sep 2026 | – | 3.98% | – | 2.89% |
| 10 Jul 2026 | – | 3.50% | – | 3.55% |
| 13 May 2026 | – | 3.55% | – | 3.51% |
| 10 Apr 2026 | – | 3.51% | – | 3.34% |
| 12 Mar 2026 | – | 3.34% | – | 3.02% |
| 12 Feb 2026 | – | 3.02% | – | 3.00% |
| 13 Nov 2025 | – | 3.00% | – | 3.05% |
| 14 Oct 2025 | – | 3.05% | – | 2.76% |
| 11 Sep 2025 | – | 2.76% | – | 3.17% |
| 11 Jul 2025 | – | 3.17% | – | 3.02% |
لماذا يهم
Government yields are the base of every other interest rate. Short maturities follow the European Central Bank (with the Banca d'Italia)'s policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the euro; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.
طريقة الحساب
The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.
Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflationما تعنيه التغيرات
- Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
- An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
- Inflation-linked yields show the real (after-inflation) return.
لمحة تاريخية قصيرة
Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.
الأسئلة
What is the Italy 7-Year BTP Auction?
The Italy 7-Year BTP Auction is the yield on Italy's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
What was the latest Italy 7-Year BTP Auction?
3.90%, published on 29 October 2026.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.