Rome

One-year Italian bonds drop to eight-month low at auction

Treasury sells 6.5 billion euros worth of state paper

One-year Italian bonds drop to eight-month low at auction

Rome, December 12 - Italian one-year bonds dropped to an eight-month low on Wednesday in an auction in which the Treasury sold 6.5 billion euros worth of state paper. The average interest rate set was 1.456%, the lowest since March. The rate was 1.762% at a similar auction in November.

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