Rome

Interest rate rises at Italian 12-month bond auction

Treasury sells 8.5 billion euros worth of BOTs

Interest rate rises at Italian 12-month bond auction

Rome, February 12 - The interest rate on 12-month Italian bonds rose above the 1% mark at an auction on Tuesday. The Treasury sold 8.5 billion euros worth of one-year BOT bonds at an average interest rate of 1.094%, up from 0.864% at an auction last month. The increase marked the reversal of a trend that in recent months had seen the rate decrease and reach its lowest level since January 2010 last month.

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