(ANSA) - Rome, January 18 - Italian families and savers
are again buying fewer bank bonds, according to figures released
by the Bank of Italy central bank Monday.
Medium to long term bonds held by families fell by the end
of September to just under 200 billion euros compared to 274
billion in the same period of 2014 and 204 billion in the second
trimester of 2015.
The figures therefore precede the bank crisis of November
that hit investment fund holders of troubled Italian banks and
the bail in of January that puts savers at higher risk in case
of bank failure.
On Friday the Bank of Italy disclosed that families also
were selling government bonds and buying managed funds, reducing
their share in total investment holdings to 5.9%.
Banks generally continued to pay dividends last summer and
in November total bank bond holdings were some 410 billion
euros, a decline of 13.4%.
Italian families holding fewer bank bonds Bank of Italy says
Total under 200 billion euros at end September