italy pays lower rates on 5year bonds despite downgrades
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Italy pays lower rates on 5-year bonds despite downgrades

Arab Today, arab today

Arab Today, arab today Italy pays lower rates on 5-year bonds despite downgrades

Milan - AFP

Italy paid lower rates on five-year bonds in an auction that raised 6.185 billion euros ($8.48 billion) on Thursday despite recent downgrades of its sovereign debt by all three top ratings agencies. The rate on the 3.5 billion euros in five-year bonds fell to 5.32 percent from 5.60 percent in the last similar operation, the Bank of Italy said. The Treasury also auctioned 2.685 billion euros due in 2018, 2021 and 2025.  

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italy pays lower rates on 5year bonds despite downgrades italy pays lower rates on 5year bonds despite downgrades

 



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italy pays lower rates on 5year bonds despite downgrades italy pays lower rates on 5year bonds despite downgrades

 



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