Italian yields at lowest on debt auction

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/Reuters
On Wednesday, Italy witnessed a decrease in borrowing costs, hitting the lowest since October 2010, as it was selling its government debt. Italian Treasury managed to sell 3-year bonds worth 3.5 billion Euros at the average yield of 2.64%, which was a decrease compared to a 2.86% yield witnessed at a similar auction last month.
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Wed, 14 Nov 2012 15:43:50 GMT

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