Italy has registered the
second-worst sale ever of the index-linked BTP Italia State
bonds, which are aimed primarily at retail investors.
The Milan stock exchange said Thursday that an auction ended
with orders for 1.3 billion worth from institutional investors.
When this is added to the 864 million euros' worth sold to
retail clients, this made for a total of 2.16 billion.
The only time a sale went worst was in June 2012, the time of
the Greek financial crisis, when 1.73 billion euros worth were
sold.
The best showing was the 22.2 billion sold in November 2013.
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