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IT3Y

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1d
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Analysis and statistics

  • Open
    3.0736$
  • Previous Close
    3.0736$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

IT3Y.GBOND represents the price of a specific Italian government bond maturing in three years. It is a fixed-income security issued by the Italian Republic to raise capital, and its price reflects investor sentiment about the Italian economy, interest rate expectations, and creditworthiness of the Italian government. The bond's price fluctuates inversely with prevailing interest rates and is quoted as a percentage of its face value, influenced by factors such as inflation, economic growth, and political stability within the Eurozone.
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Factors

Inflation expectations: Higher inflation erodes the real value of fixed-income payments, driving bond prices down as yields rise to compensate.

Central bank policy: Actions by the Bank of Italy and the European Central Bank, such as interest rate changes or quantitative easing, directly impact bond yields and prices.

Economic growth: A strong economy may lead to expectations of higher inflation and interest rates, decreasing bond prices. Slower growth can increase demand for safe-haven assets like bonds.

Credit risk: Italy's sovereign credit rating influences the perceived risk of default, affecting bond yields. Downgrades increase yields and lower prices.

Global interest rates: Movements in global interest rates, particularly in benchmark economies like Germany, impact Italian bond yields through arbitrage and investor sentiment.

Market sentiment: Overall investor confidence and risk appetite influence demand for Italian government bonds. Negative sentiment can lead to selling pressure and lower prices.

Supply and demand: The volume of new Italian government bond issuance and investor demand directly affect prices. Increased supply can put downward pressure on prices.

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