Italy eyes up linker syndication after passing auction test

The Republic of Italy will opt for a eurozone inflation-linked trade if it comes back with another syndication this year, EuroWeek can reveal, although the well-funded issuer could rely on its auction programme until the new year.

  • By Craig McGlashan
  • 30 Aug 2013

A first seven year Italian deal of the euro era could also follow in the medium term if investors continue to show interest in the maturity.

Italy — which auctioned five and 15 year inflation-linked bonds earlier in the week — would print in the 10 year part ...

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European Sovereign Bonds

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5 Goldman Sachs 13,328.33 24 6.78%

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5 Deutsche Bank 25,336.01 60 6.35%

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4 Goldman Sachs 30,813.44 79 7.02%
5 Barclays 28,821.98 69 6.57%

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4 Bank of America Merrill Lynch 62,436.52 190 5.40%
5 Goldman Sachs 58,162.93 154 5.03%