Rome

Treasury meets 66% of 2012 funding goals after bond auction

More than 18 billion euros raised in successive sales

Treasury meets 66% of 2012 funding goals after bond auction

(ANSA) - Rome, July 30 - The Treasury has met roughly 66% of its 2012 funding goals with Friday's successful bond auction combined with previous bond sales this year, earning a total of more than 18 billion euros, the economy ministry said in a statement Monday. At a bond auction Monday, the Treasury sold 5.48 billion euros worth of BTPs - almost all of its maximum 5.5-billion-euro target - at a lower rate than the last equivalent sale.

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