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Rate rises at six-month Italian bond auction

Up to 0.827% from 0.539% in November

27 December, 11:40
Rate rises at six-month Italian bond auction (ANSA) - Rome, December 27 - The interest rate rose sharply at an auction of six-month Italian bonds on Friday.

The Treasury met its target of selling eight billion euros' worth of BOT bonds set to mature at the end of June, but it had to offer an average interest rate of 0.827%, up from 0.539% in November.

The Treasury also sold 2.63 billion euros' worth of 24-month CTZ bonds, a little less than its target of three billion, with a yield of 1.346%.

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