Rome

Italian bond interest rates hit two-year low at auction

Treasury sells six billion euros worth of 5-yr, 10-yr BTPs

Italian bond interest rates hit two-year low at auction

(see related story on spread) Rome, November 29 - Interest rates on five-year and 10-year Italian bonds hit their lowest levels in two years at an auction on Thursday in a another sign that pressure may be easing on the nation's borrowing costs. The Treasury sold six billion euros worth of bonds. The average interest rate given on the 10-year BTP bonds was 4.45%, the lowest since November 2010, and on five-year BTPs it was 3.23%, the lowest since October 2010.

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