Bloomberg News

European Central Bank Said to Buy Italian Government Bonds Today

October 20, 2011

Oct. 20 (Bloomberg) -- The European Central Bank bought Italian government debt today, according to two people with direct knowledge of the transactions.

The Frankfurt-based central bank purchased a small amount of the securities, said one of the people, who asked not to be identified because the transactions are confidential. An ECB spokeswoman declined to comment.

--With assistance from Jeff Black in Frankfurt. Editors: Nicholas Reynolds, Peter Branton

To contact the reporters on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net

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


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