Wed, 13 Mar 2013 14:07:02 GMT
Italy witnesses growth in borrowing costs
On Wednesday, Italy witnessed an increase in its borrowing costs, as it was selling its sovereign debt. Yields of 15-year government bonds grew to a level of 4.90%, compared to 4.55% during a similar auction last month. Italian Treasury managed to sell bonds worth 2 billion euros, which was the maximum target for the auction.