Italy's debt costs increase as S&P lowered rating

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
The Italy's government auctioned medium- and long-term government securities on Thursday, increasing short of the targeted amount, after S&P's lowered Italian sovereign dept rating by two notches over junk territory. Italy sold 3-,5- and 10-year notes and floating rate bonds on primary market for €6.35 billion, gaining less than €6.5 billion maximum expected. 

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