Italy slashes yields despite political woes as bankers tout 30 year Spain
Italy shook off renewed threats to its fragile coalition government this week to auction debt at its lowest level since May, while bankers talked up Spain’s ability to extend its curve with a 30 year deal.
Maria Cannata, director general of the public debt directorate in the Italian Treasury, told a conference audience in Milan that the country, which had held ambitions to print a long-dated benchmark bond this year, is now turning its attentions towards a seven year deal.
Italy's plans to launch a 50
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