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12-mth BOT yield below zero for first time

Down to -0.03% from 0.023% in October

Redazione Ansa

(ANSA) - Rome, November 11 - For the first time ever yields fell below zero at a 12-month BOT Treasury bond auction Wednesday.
    The average yield fell to -0.03%, from 0.023% at the last such auction a month previously.
    The yields of shorter-term BOTs and other government paper have slipped below zero recently.
   

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