Bloomberg News

ECB Said to Have Purchased Italian Bonds Following Debt Auction

October 13, 2011

Oct. 13 (Bloomberg) -- The European Central Bank bought Italian government bonds, according to three people with knowledge of the transactions.

The Franfurt-based central bank started buying the Italian securities after the nation completed auctions of government bonds today, said two of the people, who asked not to be identified because the trades are confidential.

A spokeswoman for the ECB declined to comment when contacted by telephone today.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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