Sections

BTP Italia placement flops again

Only 241 mn sold after 481 first day

Redazione Ansa

(ANSA) - Rome, November 20 - The second day of a BTP Italia bond placement was another flop with only 241.3 million euros' worth sold, sources said Tuesday.
    On the first day Monday the inflation-linked bond only raised 481 million euros, the worst debut since 2012 and the second worst since the Treasury started issuing this type of bond.
    The government bond aimed at savers is seeing unusually weak demand amid a spike in Italy's bond spread.
   

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