Italy sells bonds worth 7 bn Euros

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Source: Bloomberg

Italy auctioned government notes worth 7 bn Euros and nation's borrowing costs declined. Treasury in Rome managed to sell 2.5bn Euros of offered 3 bn Euros in 2-year bonds at yield of 5.62% compared to that of 7.89% in November auction. Borrowing costs for 10-year Italian bonds reached 6.98% compared to 7.56% month before. 

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Thu, 29 Dec 2011 14:48:52 GMT

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