Mercoledì, 19 Settembre 2018

Rates shoot down at auction of three-year Italian bonds


(ANSA) - Rome, September 13 - The interest rate on
three-year Italian bonds shot down at an auction on Thursday in
which the Treasury sold four billion euros worth of state paper.
The yield dropped to 2.75% compared to 4.65% at a similar
auction in July.
On Wednesday the Treasury said the yield of three-month
state paper fell from 0.865% to 0.700% and the yield on 12-month
paper sank to 1.692% from 2.767% at the last such auction.
The pressure has eased on Italian bonds following last
week's European Central Bank promise of unlimited bond-buying
for troubled countries like Spain and Italy.

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