NEWS and REPORTS => World News => Topic started by: olaniyi001 on Dec 28, 2011, 05:36 PM
Title: Italy borrowing costs fall sharply at auction
Post by: olaniyi001 on Dec 28, 2011, 05:36 PM
The cost of borrowing faced by the Italian government has fallen sharply at its latest debt auction. The government raised 9bn euros ($11.8bn, £7.56bn) in short-term debt at half its previous interest rate.