Bloomberg News

Italy Sells EU3.25 Billion of 10-Year Bonds at 5.24% Versus 5.5%

March 29, 2012

Pedestrians walk past the Duomo di Milano, or Milan Cathedral, in Milan. Photographer: Alessia Pierdomenico/Bloomberg

Pedestrians walk past the Duomo di Milano, or Milan Cathedral, in Milan. Photographer: Alessia Pierdomenico/Bloomberg

Italy sold 3.25 billion euros of 10-year bonds at a yield of 5.24 percent, the lowest since August 2011 and down from 5.5 percent at the previous auction.

The Treasury also sold 2.5 billion euros of 4.75 percent five-year bonds at 4.18 percent, compared with 4.19 percent at the previous auction on Feb. 28.

To contact the reporter on this story: Chiara Vasarri in Milan at cvasarri@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net


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