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Big success for first bond sale of Renzi administration

Rate on CTZ bonds drops to all-time low of 0.822%

25 February, 11:31
Big success for first bond sale of Renzi administration (ANSA) - Rome, February 25 - The first State bond sale since Premier Matteo Renzi's government was sworn in at the weekend went well on Tuesday, with the interest rate on CTZ bonds hitting a record low.

The Treasury 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.

It also sold one billion euros worth of BTP bonds linked to the eurozone's inflation index, at an average interest rate of 1.2%, down from 1.39% last time.

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