Rome

Italy issues 3.75 billion euros in 10-year bonds

Yield falls, but so does demand

Italy issues 3.75 billion euros in 10-year bonds

Rome, July 30 - The Italian Treasury on Tuesday issued 3.75 billion euros of 10-year bonds expiring March 2024 with a fixed interest rate of 4.50%. The yield fell to 4.46% from 4.55% at the last bond issue in June. Demand also fell, however, with the oversubscription rate amounting to 1.36 compared to June's oversubscription of 1.46. Total demand on Tuesday was 4.957 billion euros.

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