Bank of Italy updates March-April 2026 financial market statistics with EUR 15.8 billion net bond issuance in March and higher benchmark yields in April

The Bank of Italy has published updated Financial Market statistics for March-April 2026 showing positive net bond issuance by resident sectors in March and higher benchmark government security yields in April. Resident sectors recorded net bond issues of EUR 15.8 billion in March, led by general government at EUR 14.7 billion, while in April gross yields to maturity on benchmark 3-year, 10-year and 30-year BTPs rose to 2.90 per cent, 3.82 per cent and 4.61 per cent and the benchmark CCT yield rose to 3.13 per cent. March general government net issuance was supported by BTPs, international securities and CCTs, which contributed EUR 14.8 billion, EUR 0.5 billion and EUR 2.5 billion respectively, partly offset by negative contributions from BOTs, other central government securities and local government securities. Banks recorded net redemptions of EUR 2.2 billion, while the remaining sectors posted net issues of EUR 3.3 billion, mainly from other financial intermediaries at EUR 3.1 billion. In April the increase in benchmark yields amounted to 8 basis points for 3-year BTPs, 9 basis points for 10-year BTPs, 7 basis points for 30-year BTPs and 23 basis points for CCTs. Starting with the May 2026 publication, the Bank of Italy's Statistical Database includes table SHI0100, which provides quarterly data on securities held by resident institutional sectors from the December 2021 accounting date using reports collected for Eurosystem statistics on securities holders.