Italy sells EUR 7.5 billion worth debt

European leaders' decision on lowering borrowing costs allowed Italy to sell EUR 7.5 billion of Treasury bills. The previous rate, on June 13 2012, for 361-day bill was 3.972% while now it is 2.697%. Italian ten-year government bond yield declined by 0.04% to 5.7% on Thursday, July 12, in Rome. On Friday Italian government is going to sell EUR 5.25 billion of long-term debt, which possibly could also influence the Treasury prices.