Spread closes at 128 points, down 37% in 2014

Bond yield at record 1.82% low

(ANSA) - Rome, December 31 - The spread between Italy's benchmark BTP bond and its ultra-safe German counterpart closed out the year Wednesday at 124 basis points, down 37% from 203 points at the beginning of 2014.
    The yield on Italy's 10-year paper ended trading at a new all-time low of 1.82%.
    The spread is a key measure of Italy's borrowing costs and of investor confidence in the country's ability to weather the eurozone crisis.
   

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