Arab Today, arab today italy borrows 45 bln euros
Last Updated : GMT 15:04:20
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Italy borrows 4.5 bln euros

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Arab Today, arab today Italy borrows 4.5 bln euros

Milan - AFP

Italy was able to borrow its target level of 4.5 billion euros ($6.0 billion) during a series of debt sales that saw lighter pressure on interest rates, the Bank of Italy said on Friday. The Italian treasury received bids for almost 8.6 billion euros euros, which allowed it to borrow its maximum target of 4.5 billion at affordable rates, the bank\'s data showed.

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