Fri, 11 Nov 2011 08:37:06 GMT
Italy owes to central bank a record amount
According to the Bank of Italia, domestic banks
sold ECB bonds worth €41.3 bn euros in June, €104.7 bn in
September and €111.3 bn in October. The five biggest bond issuers are Banco Popolare SC, Intesa Sanpaolo, Banca Monte dei Paschi di Siena SpA, UBI
Banca ScpA and UniCredit SpA. They account for 61% of Italy's bonds sold to
ECB. Italy's total debt of $ 2 trillion is bigger