Share Tweet Pocket Add to Bookmarks
You're reading: Italy raises $14 billion at much lower rates
Popular
on social media

The Bank of Italy said the average yield on its €9 billion ($11.8 billion) six-month offering was 3.251 percent, half the 6.504 percent rate it had to pay at the equivalent auction last month.

An auction of two-year bills, which raised €1.732 billion, also saw the yield fall to 4.853 percent from 7.814 percent last month.

Italy is the eurozone’s third-largest economy and is considered too big to save under the eurozone’s current bailout facilities.

Exclusive article

Sign up or subscribe to view more articles.
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: