48809
Italy to Sell Bonds
Italy to Sell Bonds

Italy to Sell Bonds

Italy to Sell Bonds

 Italy is set to lead a surge in eurozone government bond supply on Tuesday in what would be the first major test of investor sentiment after concerns over the future of Prime Minister Matteo Renzi intensified, Reuters reported. The yield on Italy’s 10-year BTP bond rose 1.5 basis points to 1.13% ahead of a planned sale of up to €7.75 billion ($8.66 billion) of three bonds on Tuesday. The move caps a steady rise in the yield over the last fortnight. “BTP yields have sold off over the last two weeks, taking the 10-year BTP-Bund spread (versus Germany) 8 bps wider,” said Michael Spies, an analyst at Citi.

 

Short URL : http://goo.gl/woz27D
  1. http://goo.gl/N86qSG
  • http://goo.gl/WQwlvE
  • http://goo.gl/2Oqp4g
  • http://goo.gl/htMtyO
  • http://goo.gl/uhieQq

You can also read ...

China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Trending

Googleplus