The spread between Italy's
benchmark 10-year bond and its ultrasafe German counterpart
closed Tuesday at 113 basis points, up slightly from 110 basis
points on Monday.
The yield on Italy's 10-year paper ended trading at 1.53%.
The spread is a key measure of Italy's borrowing costs and
of investor confidence in the country's ability to weather the
eurozone crisis.
In Greece, where the leftwing anti-austerity Syriza party
won the general election on Sunday, the spread between Greek and
German bonds closed at 865 basis points, with the yield on Greek
10-year paper ending trading at 9.23%.
Also on Tuesday, the Milan bourse closed down 0.53% at
20,645 points.
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