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Spread back under 330 points

Milan bourse down in early trading

Redazione Ansa

(ANSA) - Rome, November 20 - The spread between Italy's 10-year BTP bond and the German Bund climbed to 336 basis points in early trading on Tuesday before easing back below the 330-points mark. The spread, an important measure of investor confidence and gauge of Italy's borrowing costs, closed at 322 points on Monday. The Milan stock exchange's FTSE Mib index shed 0.9% in early business, with bank stocks leading the losses.
   

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