italy raises €49 bn as 3 year rate rises
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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Italy raises €4.9 bn as 3 year rate rises

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Egypt Today, egypt today Italy raises €4.9 bn as 3 year rate rises

Rome - AFP
Italy raised 4.9 billion euros ($6.5 billion) in a bond issue on Thursday, just short of its maximum target as the rate on three-year bonds rose sharply from the last such sale. Italy's borrowing costs had been falling in recent months after Prime Minister Mario Monti implemented a series of budget cuts and pension reforms as well as launching key reforms aimed at boosting growth.
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italy raises €49 bn as 3 year rate rises italy raises €49 bn as 3 year rate rises



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