(ANSA) - ROME, SEP 22 - The spread between Italy's 10-year
BTP bond and the German Bund dropped below the 140-basis-points
mark on Tuesday for the first time since August, falling to 138
points.
The spread, a key indicator of investor confidence and a measure
of Italy's borrowing costs, may have benefitted from the outcome
of a referendum on cutting the number of lawmakers and a round
of regional elections that were seen as strengthening Premier
Giuseppe Conte's government.
The yield on the BTP was down to 0.869%. (ANSA).
Bond spread drops below 140 points, lowest since August
Referendum, regional elections seen as strengthening Conte