Bloomberg News

Italy Sells EU9.5 Billion of Bills as Yields Fell

October 11, 2011

Oct. 11 (Bloomberg) -- Italy sold 9.5 billion euros of Treasury bills as borrowing costs fell.

The Rome-based Treasury sold 7 billion euros of one-year bills at an average yield of 3.57 percent compared with 4.153 percent the last time securities of similar maturity were sold on Sept. 12. The Treasury also sold 2.5 billion euros of 3-month bills. The yield was 1.735 percent.

To contact the editor responsible for this story: Marco Bertacche at mbertacche@bloomberg.net


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