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Milan bourse closes flat after successful bond sale

FTSE-Mib index shed 0.02% to close at 20,473 points

25 February, 19:49
Milan bourse closes flat after successful bond sale (ANSA) - Milan, February 25 - The Milan stock exchange closed flat Tuesday in spite of the first successful State bond sale since Premier Matteo Renzi's government was sworn in at the weekend.

The FTSE-Mib index shed 0.02% to close at 20,473 points after the Treasury earlier on Tuesday sold 2.5 billion euros' worth of CTZs set to mature in December 2015 at an all-time low of 0.822%, down from 1.031% at the last equivalent sale.

Elsewhere in Europe, Frankfurt's DAX index shed 0.10% to close at 9,699.35 points while the London FTSE index ended the trading day down by 0.52% at 6,830.50 points.

Madrid's IBEX-35 index added 0.48% to close at 10,242.50 points, and the Paris CAC-40 index lost 0.10% to close at 4,414.55 points.

The spread between Italy's 10-year bond and the ultra-safe German bund closed the trading day at 194 points, with a rate of 3.58% on the 10-year paper.

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