Gross monthly yields on two-year treasury CTZs in Italy 2017-2021

This timeline shows the gross monthly yields on two-year treasury zero-coupon bonds (CTZs) issued by public administrations in Italy from January 2017 to February 2021. Over the period of consideration, the lowest rate of interest was registered in November 2017, when the average yields amounted to -0.34 percent. CTZs' yields registered also positive values in 2020, reaching a peak of 1 percent as of April 2020. In February 2021, the gross monthly yield stood at -0.31 percent.