Bloomberg News

Bank of Italy Denies Messaggero Report on Bond Swap With Banks

By Jeffrey Donovan
November 02, 2011

Nov. 2 (Bloomberg) -- The Bank of Italy denied a report in Il Messaggero newspaper today about a possible bond swap with Italian banks, calling it “without foundation and contrary to European rules,” according to an e-mailed statement.

To contact the editor responsible for this story: Jeffrey Donovan at jdonovan26@bloomberg.net

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