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Spread closes steady on 234

Mila bourse down amid European losses

02 December, 18:52
Spread closes steady on 234 (ANSA) - Rome, December 2 - The spread between Italian 10-year bonds and their AAA-rated German equivalents, the premium investors pay to hold Italian paper, closed steady Monday on 234 points with a 4.07% yield. Banking losses pushed the Milan bourse 1.52% down by the close, the biggest loser in a mostly negative day across Europe.

London was 0.83% down, Frankfurt 0.04%, Paris 0.22% and Milan 0.94%.

Athens closed 2.72% up amid optimism on its recovery.