Yields on Italian bonds fall as it sells its debt

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP
On Monday, Italy's borrowing costs fell sharply, as it was selling 6-month government bonds. The Italian Treasury managed to sell 6-month notes worth EUR8 billion at the average yield of 1.347%, which was a decline compared to a yield of 1.503%, which was at the similar auction in the previous month. The today's yield was the lowest since March.
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