Italy borrowing costs fall sharply at auction

Started by olaniyi001, Dec 28, 2011, 05:36 PM

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olaniyi001

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.
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