Italy to sell 10-year bonds worth $11 billion

Note: This section contains information in English only.
Source: Bloomberg

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. 

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Thu, 29 Dec 2011 10:23:40 GMT

Aussie and Kiwi fall on European worries

New Zealand and Australian dollars reached one-week low against Japanese Yen amid investor worries European debt crisis might worsen. Both Pacific currencies declined yesterday after ECB said its balance sheet has soared to 2.73 trillion Euros. Aussie depreciated 0.3% against Yen attaining ВҐ78.46 and dropping to $1.0090 against its US peer. Kiwi lost 0.2% against Yen reaching ВҐ59.78 in yesterday trade. AUD/JPY currently is trading at

Thu, 29 Dec 2011 09:45:01 GMT

Euro reaches a decade record low against Yen

17-nation currency depreciated against Japanese Yen reaching 10-year record low amid worries region's debt crisis will hamper economic growth. Euro lost 0.5% against Yen attaining ВҐ100.53 in Asian session. Euro weakened against most of its major trading peers yesterday after ECB issued its balance sheet which has surged to 2.73 trillion Euros. Currently EUR/JPY is trading at ВҐ100.44.

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