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Five-year Italian bonds drop to all-time low

Treasury sells four billion euros worth at 2.43%

30 January, 11:31
Five-year Italian bonds drop to all-time low (ANSA) - Rome, January 30 - The interest rate on five-year Italian State bonds fell to an all-time low at auction on Thursday.

The Treasury sold four billion euros' worth of BTP bonds set to mature in May 2019 at an average interest rate of 2.43%, compared to 2.71% at an auction in December. It also sold three billion euros worth of 10-year BTPs, with the interest rate dropping back below 4%, at 3.81%, after going for an average of 4.11% at a December sale.

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