Italy’s one-year BOT yield reaches 3.207% at November auction
Italy’s one-year BOT auction on 11 November 2026 closed with a weighted average simple yield of 3.207%, up 3 basis points from the previous auction on 9 October.[1]
Il Sole 24 Ore Radiocor reports a rounded figure of 3.2%: the difference is decimal precision, not a conflicting result.[2][1]
## How much the Treasury raised
The Bank of Italy reports €8.5 billion offered and fully allotted, against bids of €12,429,950,000; the bid-to-cover ratio was 1.46.[1]
Demand therefore exceeded supply at the auction, as the Il Sole 24 Ore report also confirms.[2]
This comparison describes this particular placement, not the future direction of market prices.
The security’s ISIN is IT0005744930.
Its issue and settlement date is 13 November 2026 and it matures on 12 November 2027, with a stated remaining life of 364 days.[1]
The release lists a weighted average price of 96.859.[1]
## Yield, price and dates are different measures
The official document labels 3.207% as the weighted average simple yield; it does not present it as an individual saver’s net return.[1]
It should therefore not become a promise of personal profit.
A careful reading distinguishes the auction yield from the weighted average price published in the same document.[1]
The calendar matters too: the auction took place on 11 November, settlement is scheduled for 13 November and maturity falls in the following year.[1]
Mixing those dates would make even a comparison with another security inaccurate.
## Reporting the auction, not recommending a purchase
The verified development is a small increase in yield alongside bids exceeding the amount allotted.[1][2]
That alone does not establish whether the security suits an individual investor.
This article explains an auction result; it is not an investment recommendation.
## Sources
[1] https://www.bancaditalia.it/media/comunicati/documenti/2026-02/cs-11.11.26-bot.pdf — Banca d’Italia — Risultati asta BOT, 11 novembre 2026
[2] https://www.ilsole24ore.com/radiocor/nRC_11.11.2026_11.39_28910289 — Il Sole 24 Ore Radiocor — BOT annuali, 11 novembre 2026 ore 11:39