Italy Borrowing Costs Decline As Demand Improves

RTT News Friday 11th May, 2012

5/11/2012 6:39 AM ET (RTTNews) - Italy's borrowing costs declined at a debt auction on Friday as demand for the nation's short-term debt increased.The Italian Treasury raised a total EUR 10 billion from the sale of its bills or BOTs, in line with the target set for the sale. The auction attracted bids totaling EUR 19.986 billion. The agency sold the targeted EUR 7 billion of 12-month bills at an average yield of 2.340 percent, which was less than...

Read more

Share this article:
Back to Irish Sun

Comments

  • No comments yet for this story

    • Have your say

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    Diversion of flight fails to save passenger from Ireland

    Diversion of flight fails to save passenger from Ireland

    A flight from Melbourne to Qatar was diverted to India on Wednesday, in a desperate attempt to save an Irish man on board.

    The man, Raymond McMorrow, 68, is believed to ...

    News Survey

    The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?

    View results

    On Facebook

    On the record

    We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.

    Barack Obama

    The U.S. president was speaking on his administration's counter terrorism policy.