Domenica, 21 Ottobre 2018

Italian central bank says bond spread should be 200


(ANSA) - Rome, September 4 - The Italian central bank said
the spread between Italian and German bond interest rates
"should be set at values on the order of 200 points".
The spread between Italian bonds and the German benchmark
was 425 basis points at 16:20 on Tuesday.
"The recent trend in the spread is largely due to the
contagion phenomenon (from the eurozone debt crisis) not tied to
the background conditions of the country," the Bank of Italy
said in a report.
The spread is a barometer of Italy's borrowing costs and an
indicator of investor confidence in the country's ability to
weather the eurozone crisis.

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