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Interest rate on six-month Italian bonds shoots up

Investors jittery after inconclusive election

26 February, 11:26
Interest rate on six-month Italian bonds shoots up (ANSA) - Rome, February 26 - The interest rate on six-month Italian bonds soared at a Treasury auction on Tuesday amid investor jitters after the country's general election produced an inconclusive outcome.

The Treasury sold 8.75 billion euros worth of six-month bonds at an average interest rate of 1.237%, compared to 0.731% at the last equivalent auction in January.

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