FRANKFURT (MarketWatch)
Italy on Friday sold 4.75 billion euros ($6.1
billion) of government bonds, news reports said, meeting the top end of its
target range of 3 billion to 4.75 billion euros.
Italy sold 3 billion euros of a
November 2014 bond at a yield of 4.83%, down from 5.62% in a previous auction,
reports said.
Bids exceeded supply 1.22 times, down from 1.36 at the previous
sale.
Italy also sold 779 million euros of a July 2014 bond at a yield of 4.29%
and 971 million euros of an August 2018 bond at a yield of 5.75%, reports said.
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