Bloomberg News

Monti Says He’d Be Happy If Italian Banks Bought More T-Bills

February 03, 2012

Feb. 3 (Bloomberg) -- Prime Minister Mario Monti said he’d be happy if Italian banks purchased more Treasury bills and increased lending to the real economy.

Monti also said that current levels of Italian bond yields compared with equivalent-maturity German securities are still not low enough and must narrow further. Rates on Italy’s longer- term debt are still too high, he added.

Monti made his comments today in an interview broadcast on the website of newspaper la Repubblica.

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


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