Italian bonds bounce after string of ratings upgrades

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Italian bonds bounce after string of ratings upgrades

Tyler Davies
November 01, 2017 12:30 pm
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Tennis player Federico Delbonis from Argentina in action against Jiri Vesely from Czech during the UniCredit Czech Open in Prostejov, Czech Republic, June 10, 2017. (CTK Photo/Dalibor Gluck) | Dalibor Gluck/Czech News Agency/Press Association Images

Bonds issued by Italy’s most prominent banks surged in value on Wednesday, after S&P upgraded the credit ratings of 11 of the country’s financial institutions.

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Topics

ItalyBank CapitalSenior DebtIntesa SanpaoloEuropeUniCreditEMEAFIG
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Tyler Davies
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