Giovedì, 18 Ottobre 2018
ROME

Italy's 10-year bond rate under 4% at auction

English
© ANSA

(see related story on stock market, spread)
Rome, April 29 - The average interest rate that
Italy's 10-year bond fetched at a Treasury action was under 4%
for the first time since October 2010 on Monday.
The auction was a hotly awaited test of investor sentiment
after Premier Enrico Letta's left-right government was sworn in
on Sunday to end the deadlock Italy had endured since February's
inconclusive general election.
The Treasury sold six billion euros' worth of the 10-year
and 5-year bonds it put up for action Monday.
The average rate on the 10-year BTP dropped to 3.94,
compared to 4.66% at an auction in March.
The average rate on the 5-year bond was 2.84%, compared to
4.66% at the last equivalent sale.

© Riproduzione riservata

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