Thu, 29 Dec 2011 09:45:18 GMT
Italy to sell 10-year bonds worth $11 billion
Today Italy prepares to sell 8.5 bn euros
($11 bn) in government notes expiring in 2022, 2021, 2018 and 2014. The
borrowing costs on Italy's 10-year benchmark note added three basis points
reaching 7.02% in Rome morning trade. Italian 1.9 trillion Euro debt is larger
than that of Greece, Spain, Ireland and Portugal combined.