Italian borrowing cost hits lowest rate in 2½ years

04/30/2013 | Bloomberg · RTT News

Italy's 10-year cost of borrowing has reached its lowest level since October 2010, after the end of a political stalemate that left the country without a government for two months. The Treasury got a 3.94% interest rate on €3 billion worth of bonds maturing in May 2023, compared with 4.66% in a March offering. Buyers submitted bids for 1.42 times the amount offered.

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Bloomberg · RTT News

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